Global benchmark crude prices were poised to post their first weekly gain in a month on Friday, finding support as the U.S.
Asia's crude oil markets are adjusting rapidly to new sanctions against top supplier Russia, sucking up cargoes while they ...
Oil futures posted their first loss in four sessions on Wednesday after official U.S. data revealed a third straight weekly ...
Oil prices retreated in early European trade following reports of a large U.S. crude stockpiles build.
LAUNCESTON, Australia (Reuters) - "This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports.
U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on ...
This newspaper published a column last week offering a simple and correct argument: Imposing a 25% tariff on crude oil imported from Canada would lead to an increase in the cost of gasoline.
Why have gasoline prices jumped 20 cents per gallon overnight?” we usually get some strange answer that relates to the market price of crude oil, such as “inventories are getting ...
Crude oil futures traded higher on Thursday morning after Saudi Aramco announced an increase in prices for March delivery to buyers in Asia. At 9.55 am on Thursday, April Brent oil futures were at ...
The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are diverting the daily 500,000 barrels of crude oil meant for local refineries. The association ...