Oil futures climb Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data, which ...
Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which increased ...
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.
Crude markets had traded positively earlier in the session after data from the American Petroleum Institute (API) showed that ...
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price ...
During early trading on Monday, oil prices experienced losses, primarily driven by indications of sluggish demand for fuel ...
India’s largest historical oil supplier, Iraq, had undercut Russia beginning in late June by supplying a range of crudes that ...
Crude oil prices fell today, bringing the commodity negative on the week. Energy Information Administration (EIA) inventory figures are in focus after API numbers. Crack spreads are key to gauging ...
WTI crude prices decline as OPEC keeps its demand forecast unchanged, while analysts and traders surveyed by Dow Jones Newswires forecast an 1.1 million barrels reduction in U.S. oil inventories. High ...
Last week witnessed a downturn in oil prices, spurred by remarks from officials of the US Federal Reserve hinting at the ...
Commodity analysts at Standard Chartered have revealed that hedge ratios for 2024 U.S. oil and gas output remain well below long-term averages ...