Oil futures picked up some ground from yesterday’s selloff, holding gains into the close despite a bearish U.S. inventory ...
Oil futures rose with WTI back at $60 after a Ukrainian drone strike on a Russian Black Sea port revived concerns about supply disruptions.
Ukrainian drones Friday hit facilities at the Black Sea port of Novorossiisk, leading to the halting of oil exports from the city. It's unclear how long the pause will be in effect. Reports indicate ...
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 edged lower in the morning Asian session, potentially reflecting a technical correction after futures rose for a third straight session overnight.
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at the key Cushing hub fell further and OPEC+ somewhat eased fears of an imminent glut with a ...
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 in ...
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 storage–have likely ...
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 rise after President Trump again says India would reduce its purchases of Russian oil, while the EIA's report of 1 million barrel drop in U.S. crude oil inventories following three weekly ...
Shares of energy companies rose, recouping some of their recent losses, even as oil futures wallowed around multiyear lows. Oil is trading around $57 a barrel amid fears that production increase by ...
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