The chief commodities analyst at SEB went on to state in the report that, “if U.S. shale oil producers embarked on a strong supply growth path, heeding calls from Donald Trump for more ...

Russia’s flagship crude oil has dropped back below a price cap of $60 a barrel for the first time since December, one of several indicators that fresh US sanctions on Moscow may be biting.

(Bloomberg) -- Oil fell to its lowest closing price of the year as traders continued exiting the market in the weeks following President Donald Trump’s inauguration. West Texas Intermediate slid ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had ...

The Organisation of Petroleum Exporting Countries (OPEC’) witnessed oil production decline in January for a second consecutive month amid lower output from Nigeria and Iran. Last month ...

March gasoline RBH25 tacked on 1.5% to $2.11 a gallon, up 2.2% for the week, while March heating oil HOH25 climbed 1.4% to $2.43 a gallon, for a weekly rise of 1.4%.

(Reuters) -Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving traders a day after the country reported a much ...

Oil futures fell to their lowest settlement of the year so far, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories. Saudi Arabia and Turkey were ...

The number of working oil-directed rigs in the US increased by 1 unit to 480 for the week. The count is down 19 units year-over-year. Gas-directed rigs increased by 2 units to 100, down 21 units ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 ...

Abu Dhabi index closed higher on Friday, in line with oil prices after new sanctions were imposed on Iran's crude exports, while Dubai index bucked the trend. Oil prices - a key catalyst for Gulf's ...