Oil prices rose today, May 8, as markets assessed the prospects for trade talks between the world's two largest economies and ...

Citi Research lowered its three-month price forecast for Brent crude to $55 per barrel on Thursday, from a previous estimate ...

Global oil markets are facing oversupply and muted demand, creating fresh volatility and concern among traders. With ...

Global oil refineries’ strong profit margins signal healthy oil consumption today, a stark contrast with the grim long-term ...

According to analysis by Michael Mische, a USC professor, the impending closures of the Phillips 66 refinery in Los Angeles and the Valero facility in Northern California could lead to a staggering 21 ...

Here's a breakdown of the forces that are buffeting oil prices, and what it means for individuals and the economy.

ExxonMobil ( XOM 0.30%) kicked off 2025 on a strong note, beating the market and rallying 10.6% in the first quarter of the ...

Refined product futures were also trading lower. The Nymex June RBOB contract was 3.3cts lower at $2.0315/gal and July RBOB was down by 3cts to $2.0070/gal. The Nymex June ULSD contract was off by ...

Crude oil inventories in the United States saw a decrease of 2 million barrels during the week ending May 2, according to new ...

Oil prices reportedly dropped Monday in a trend an analyst said could contribute to lower gas prices.The price for a crude ...

According to trading data, the price of futures contracts of WTI crude oil for June 2025 delivery was up by 0.94% at $60.16 per barrel ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...