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The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...
The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...
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 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.
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with demand tough to gauge against a trade-war backdrop and some countries ...