Oil rose in early trade after the U.S. imposed sanctions on an international network facilitating the shipment of Iranian crude to China.
Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
Rising U.S. stockpiles and trade tensions pressure crude prices, but Iran sanctions could tighten supply. What’s next for the ...
Shell, Chevron, and ExxonMobil—three of the world’s biggest energy giants—are taking different paths to navigate this shift.
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...
Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...