The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Inventories rose for a second consecutive week as production picked up and refineries reduced their capacity use, the EIA ...
Oil futures were lower Wednesday morning ahead of official data on U.S. inventories, extending a sharp pullback seen the ...
Oil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against ...
Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.
Exxon Mobil (NYSE:XOM) -0.3% in Wednesday's trading as BNP Paribas Exane downgrades shares to Underperform from Neutral with ...
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources ...
US stocks rebounded on Tuesday after Monday's losses, with momentum revived by a tech rally and falling crude prices. The ...
The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.
Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...