Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...
"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.
Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...
U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
Oil prices edged lower, but remain supported by concerns over the effect of U.S. sanctions on Russian flows and a larger-than-expected drawdown in U.S. stockpiles, with ANZ adding that the ...
Houston-based operator Talos Energy says it has found “commercial quantities” of oil and gas at its second exploration well ...