A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.
The Tuesday drone attack on the CPC pipeline, Kazakhstan’s key export conduit, has set a bullish tone for this week with four ...
Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories.
Oil prices settled higher on Thursday, marking a three-day streak of gains, after data showed gasoline and distillate ...
Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.
Brent crude prices had a poor finish on Wednesday, but still recorded its third consecutive day of gains as supply fears ...
The American Petroleum Institute is due to release weekly data on inventories Thursday. Analysts surveyed by S&P Global Commodity Insights, on average, look for U.S. crude inventories to show a rise ...
Oil prices continue to rise as concerns over supply disruptions in Russia intensify. WTI crude oil (CL) trades around $71.80, which extended its rally after Ukrainian drone attacks targeted a major ...
News reports earlier this week said the Organization of the Petroleum Exporting Countries and its allies - a combo known as OPEC+ - was weighing putting off an increase in production set to begin in ...
A peace deal between Russia and Ukraine could lead to higher oil output and lower Brent prices, offering some relief to consumers, according to Bank of America.