Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories. Concerns about ...
WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.
Oil rose in early Asian trade. The market has made a remarkable rebound this week, primarily supported by positive surprises in U.S. inflation data, Pepperstone said.
Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...
Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...
Commercial crude stockpiles in the US posted a bigger draw than projected last week, government data showed Wednesday, while oil prices rallied as markets evaluated two other oil market reports.
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in ...
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.