News

West Texas Intermediate (WTI) Oil price edges lower after registering more than 2.5% gains in the previous session, trading ...
The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...
The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
U.S. crude oil inventories rose last week for a second consecutive build, while gasoline stocks fell as demand picked up ...
BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...
Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...
Nigeria’s state-owned oil giant, the Nigerian National Petroleum Company Limited (NNPCL), has reaffirmed its commitment to ...
Brazil’s oil exports to the US face potential disruption from threatened tariffs, prompting the country and its ...
ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...
Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.