Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident ...
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Hedge Funds Position for a Price Crash as Brent Shorts Hit All-Time High
Oil prices continue to search for direction as a supply scare from Iraq turned out to be short-lived, with most market ...
The recent decline in gasoline prices is primarily attributed to surging global oil supply, softer-than-expected demand, and swelling oil inventories, rather than the pro-energy policies of any single ...
October WTI crude oil (CLV25) on Wednesday closed up +1.04 (+1.66%), and October RBOB gasoline (RBV25) closed up +0.0155 (+0.78%). Crude oil and gasoline prices settled higher due to an escalation of ...
The current Gold/Oil Ratio of 73x signals an extreme pricing imbalance between the two commodities, suggesting crude oil may be poised for a significant rebound during 2026-27. Following similar ...
Market sentiment may be overly bearish on oil, as commercial traders are nearly net long and speculators have largely exited ...
November WTI crude oil (CLX25) on Friday closed up +0.74 (+1.14%), and November RBOB gasoline (RBX25) closed up +0.0341 (+1.74%). Crude oil and gasoline prices rallied sharply on Friday, with crude ...
Companies such as BP and Chevron have announced large cutbacks that are reshaping the fossil fuel sector’s workforce. Oil and gas companies are cutting costs and firing thousands of employees as ...
The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...
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