WTI crude oil rallies above $62.20 resistance, targeting previous tops at $64.75 and $66.49 with bullish momentum intact. Winter storm disrupts U.S. crude production, sending Gulf Coast exports to zero before rebounding as supply tightens.

Crude oil futures traded lower on Friday morning after the US eased some sanctions on the oil industry in Venezuela.

Oil price moves aren't random, and sharp reversals and stalls are often driven by options positioning and mechanical hedging flows, not news or fundamentals.

Crude oil needs Iran supply shock to break resistance, Reuters columnist says. Technical setup suggests market anticipates production disruption with breakout over $66.49.

Crude oil futures edged lower Monday, as loadings reportedly resumed at Russia's Novorossiysk export hub on the Black Sea after a two-day suspension following a Ukrainian drone attack. The attack on the key port, along with Iran’s seizure of an oil ...

Crude oil futures traded higher on Wednesday morning as a severe winter storm in the US disrupted crude oil production and exports from the US Gulf Coast.

SOUTH GOA, India, Jan 29 (Reuters) - India's state-run Bharat Petroleum Corp (BPCL) will set up a trading desk in Singapore next month to expand its dealings in crude oil, liquefied natural gas, and refined fuels,

Crude oil price edged higher on Wednesday as weather disruptions and a weaker US dollar bolster the asset. At the time of writing, Brent oil was trading at $66.62 as the bulls gather enough momentum to break the resistance at $66.

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as Beijing took advantage of low prices and expanded storage capacity.

With the US lifting some sanctions on Venezuelan oil, the Trump admin has reportedly given India a green light to tap Venezuelan oil as well as its Russian oil imports fall.

Crude oil price has been rather bullish in recent sessions as the market digests the geopolitical tensions in Iran. However, it is yet to transition into the bullish market as investors await further cues on the demand/supply dynamics.