Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...
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Trump to decide on oil tariffs on Canada, MexicoUS President Donald Trump said he expected to decide Thursday whether to include crude oil imports in tariffs on Canada and ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...
The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...
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