News

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...
Plastic pills. The bacteria Escherichia coli or E.coli, common in the gut microbiome, can be used to break down plastic into paracetamol, according to a study published in the jou ...
Zinc contamination in the Mars crude oil stream pushed down demand for the flagship U.S. coastal crude, slashing its prices on Tuesday, six traders and an industry source said.
Crude oil is cheaper than it's been in four years. It may be too cheap for the oil industry. A barrel of oil now sells for less than most companies’ break-even point.
Canada provided over 40% of U.S. crude oil imports, primarily from Alberta's oil sands, transported over 2,000 miles via ...
Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and ...
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
U.S. crude-oil production is likely to decline over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...
Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report.
Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers. Key shale players like Diamondback, Liberty, and Coterra are cutting production ...
O il companies are capitalizing on rising oil prices, with Brent crude up 2.6% to $68 and WTI up 2.92% to $64.92, driven by U.S. sanctions on Iran.