Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.

Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending January 24, according to new data from the U.S. Energy Information Administration (EIA) released on W ...

Rolling coverage of the latest economic and financial news, as metal prices continue to soar ...

WTI trades near $59 after a more than 4% drop erased most of this week’s gains. Crude remains below all major moving averages ...

Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...

Oil prices retreated following a three-day rally but remained on track for significant weekly gains as the possibility of U.S. military action against Iran keeps markets on edge. Brent crude was down ...

February WTI crude oil (CLG26) today is up +0.23 (+0.40%), and February RBOB gasoline (RBG26) is up +0.0126 (+0.73%). Crude oil prices added to Monday's sharp gains today as global geopolitical risks ...

Crude oil is flashing a strong long-term buy signal based on extreme money manager short positioning. Historical patterns show that high short-to-long ratios in oil futures reliably precede extended ...

The new year rally of the FTSE 100 index has softened following last night’s latest record close. London’s top flight started today’s session in negative territory, having peaked at an intraday high ...