Oil futures picked up some ground from yesterday’s selloff, holding gains into the close despite a bearish U.S. inventory ...
Crude futures rebounded despite the EIA's weekly US inventory report showing a much higher than expected 6.4 million barrel build in crude stocks and smaller than expected draws in products.
Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...
Oil edged lower in the morning Asian session, potentially reflecting a technical correction after futures rose for a third straight session overnight.
LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market ...
The world's oil supply is largely expected to enter an extreme glut in 2026. Just how big that overhang will be is ...
Oil rose after OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December, but said they wouldn’t increase production in first three months of 2026 due to seasonality.
Oil futures show signs of stabilizing after three weeks of declines, settling higher but off the day's highs. Recent market concerns with oil on water–oil in transit or in floating ...