Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
In the coming week, the market is expected to remain consolidative and volatility may be elevated with major focus on Trump's ...
Crude oil futures traded higher on Friday because ... This was the strongest annual growth rate in the last one-and-a-half years. Chinese economy had witnessed 6.3 per cent growth in the second ...
MOBIL Oil and Shell Marianas have increased their fuel prices by 10 cents. It’s the first fuel price hike this year. Mobil Oil adjusted ... on Wednesday domestic crude oil stocks fell for the seventh ...
The energy composite includes WTI and Brent crude oil, gasoline, heating oil, natural gas, and ethanol. While the composite does not include coal, it remains a critical energy commodity producing ...
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.
The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil projections by the IEA of global oil demand peaking before 2030. The forecast ...
While describing the creation of the forum as timely, Engr Komolafe harped on the need to significantly increase oil production in the country. “The 2025 budget is predicated on crude oil ...
The 2 million barrel reduction reported last week brought crude inventories to 6% below the five-year average for ... for the week ending Jan. 10. That marks the strongest start for the consumption ...
HOUSTON, Jan. 15 (Xinhua) -- U.S. crude oil production averaged 13.481 million barrels per day (b/d) during the week ending Jan. 10, down by ... b/d from this time last year, according to the ...