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 prices rose but were on track for a weekly loss of more than 1%, amid concerns about excess supply and signs of less ...
Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...
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 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.
The world's oil supply is largely expected to enter an extreme glut in 2026. Just how big that overhang will be is ...
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 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 ...