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 ...
Chinese refiners will lift less Saudi crude oil in June than in May, people with knowledge of the matter said on Friday.
Brent oil futures held steady on Thursday, bolstered by signs of stronger demand in the U.S. after slower than expected ...
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price ...
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.
Commodity analysts at Standard Chartered have revealed that hedge ratios for 2024 U.S. oil and gas output remain well below long-term averages ...
Indeed, Joe Biden also seems to have a knack for the oil trade. Two years ago his administration initiated the largest ever sell-off from America’s Strategic Petroleum Reserve ( SPR ), an emergency ...
The dollar fell sharply to add extra support to oil prices following U.S. consumer price index data that showed inflation ...
Oil futures ended lower on Friday, but U.S. and global benchmark prices made only modest moves for the week as traders ...