Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Russia’s crude output fell to 8.962 million barrels a day in January, 16,000 barrels a day below its target under the OPEC+ ...

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

Article Sources Investopedia requires writers to use primary ... Macrotrends. "Crude Oil Prices - 70 Year Historical Chart." BBC News. "Euro hits 12-year low against dollar." The World Bank.

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which stands at $100 per barrel - still leaves room for a profit. Russian diesel ...

China, the world's biggest crude importer, had excess crude oil of about 1.5 million bpd in ... Diesel demand was also hit by the increasing use of trucks powered by liquefied natural gas and ...

Refiners are awaiting clarity and preparing for U.S. President Donald Trump's threatened tariffs on crude imports from Canada and Mexico. Trump said on Friday that he would lower threatened tariffs on ...

March WTI crude oil (CLH25) Friday closed down -0.20 (-0.27%), and March RBOB gasoline (RBH25) closed down -0.0067 (-0.32%). Crude and gasoline prices settled moderately lower on Friday, with ...

HOUSTON (Reuters) - An emerging trade war between the United States and China could drive U.S. crude exports lower in 2025 for the first time since the pandemic by reducing access to the Chinese ...