The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.
Oil hit its highest since late September after a winter storm disrupted U.S. crude output while a weak dollar, continued Kazakh outages lent further support.
Jan 28 (Reuters) - Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S.
Prices on oil jumped on Thursday as the White House ratcheted up pressure on Iran over negotiations for a new nuclear deal.
OilPrice.com on MSN
Oil Prices Continue to Rise As US Crude Oil Inventories Drop
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 ...
As tensions have cooled in Venezuela, oil traders have begun pricing in a risk premium on another potential geopolitical shock for the global energy market: Iran.
OilPrice.com on MSN
Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling
Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota's Bakken shale, citing low margins as oil prices remain near the $50 per barrel range and costs increase.
Brent crude oil prices fell to below $60 a barrel on Tuesday, the lowest since May, amid investor optimism over progressing peace talks between Russia and Ukraine, and a wave of oversupply hitting ...
The Narwhal examines how U.S. actions in Venezuela could impact Canada's oil market, highlighting concerns over pricing and production dynamics.
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