Oil slips on higher US crude stockpiles; market watches Middle East
Oil prices dipped on Wednesday after industry data showed U.S. crude inventories swelled more than expected, though declines were capped as the market watched diplomatic efforts in the Middle East after Israel continued attacks on Gaza and Lebanon.
Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Oil Extends Gains Amid Middle East Tensions, Chinese Stimulus
Oil extended gains after Israeli strikes on Lebanon. Prices were are also supported by Saudi Aramco’s CEO reportedly saying he is fairly bullish on China demand in light of stepped-up policy measures.
Oil prices trim Middle East war risk-gains, China demand remains a worry
Oil prices fell on Tuesday, paring the previous day's nearly 2% rise as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East, and as slow demand in China, the world's top oil importer,
Oil Slips Amid U.S. Ceasefire Efforts in Middle East, China Concerns
Oil prices were edging lower in early trading amid renewed U.S. efforts for a ceasefire in the Middle East and concerns about China's oil-demand outlook. U.S. Secretary of State Antony Blinken will visit Israel and other countries in the region this week to revive truce talks ahead of the U.
India's diesel consumption to rise 3%-4% in current fiscal year, says Indian Oil chair
India's annual diesel consumption is expected to rise by 3%-4% in the current fiscal year to March 31, said V. Satish Kumar, ...
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Why the Oil Market Is Not Shocked
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...
Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among ...
Oil settles higher after last week’s 8% drop as traders weigh China demand concerns
Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending ...
Why the Oil and Gas Industry Is So Afraid of Kamala Harris
Mr. Mingle is an independent journalist and the author of “Gaslight: The Atlantic Coast Pipeline and the Fight for America’s ...
Saudi Arabian economic growth to accelerate in 2025 as oil taps open
Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance, ...
Inside Climate News21h
Lifting the Veil on Tens of Billions in Oil Company Payments to Governments
New reports to the Securities and Exchange Commission reveal payments around the globe. One takeaway? The U.S. government ...
Oil Prices May Be Heading For A Major Breakdown
With oil prices nearing $66, a break could signal significant changes. See more on how falling prices may impact yields and ...
Jim Irsay is giving away Eras Tour tickets at Lucas Oil Stadium. Here's how you could win
It's not uncommon for Irsay to give tickets away ahead of Colts game days, but Eras Tour tickets have been notoriously ...
Venezuela Arrests a Former Oil Czar and Accuses Him of Working With the US to Undermine the Industry
Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S.