WTI oil tests new highs as traders focus on the EIA report, which indicated that crude inventories declined by 2.0 million ...
Brent crude futures rose 29 cents, or 0.36%, to $80.21 a barrel by 1008 GMT. U.S. West Texas Intermediate crude was up 33 ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that the balance of supply and demand will shift toward oversupply in the back ...
German GDP forecasts signal contraction, stoking ECB rate cut bets. Can dovish policy support rate-sensitive DAX stocks in ...
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
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.
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