News

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
ExxonMobil is committing $1.5 billion to deepwater oil and gas exploration in Nigeria, reflecting its confidence in the ...
The crude oil market rallied a bit in the early hours of Wednesday, as the markets continue to pay close attention to the idea that the US and China are talking soon. Furthermore, people will be out ...
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy ...
West Texas Intermediate (WTI), futures on NYMEX, aims to extend its two-day recovery move above the key resistance of $60.00 during European trading hours on Wednesday. The outlook for the Oil price ...
India imported 85,000 bpd more crude from the US in April than in March, mostly on VLCCs, Braemar said. The country also ...
Crude oil futures rebounded Tuesday in a move analysts saw as a technical rebound from the prior session's losses, likely with a significant amount of profit taking out of short holdings. Prices also ...
Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Kansas crude prices also drop to four-year lows. Kansas Common crude at CHS in McPherson starts the week at $48.50 per barrel ...
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...