Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...
Crude oil futures scored modest gains Thursday, then added to gains after-hours as President Trump reiterated his threat to impose 25% tariffs on imports from Canada and Mexico starting February 1, ...
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