Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...
Oil prices fell Wednesday, with WTI settling at its YTD low, after U.S. crude stockpiles rose more than expected last week as exports fell and refineries lowered their capacity use. Domestic crude oil ...
U.S. benchmark crude prices settled Wednesday at their lowest level of the year so far, pressured after the Energy Information Administration reported the first wee ...
U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.
A report released by the Energy Information Administration on Wednesday showed a notable rebound by U.S. crude oil inventories in the ...
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...
The American Petroleum Institute, an industry trade group, late Tuesday reported a 2.9 million barrel rise in U.S. crude inventories last week, according to a source citing the data, while gasoline ...