Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it ...

West Texas Intermediate (WTI) futures opened at $57.50 per barrel (bbl) on October 21, 2025. Brent crude opened at $61.00 per ...

The U.S. is the world’s largest oil producer, but it still needs to import more crude oil than it makes. The majority of those imports come from Canada and Mexico, thanks to a mutually beneficial ...

According to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report, which was released on August 27 and included data for the week ending August 22, there were 404.2 ...

WASHINGTON, June 26 (Reuters) - The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico. By Rebecca F. Elliott Oil and gas companies ...