News

Oil prices rose as investors looked ahead to Friday’s U.S.-Russia summit, though worries about a widening global surplus were subduing sentiment.
Oil prices were stable on Thursday as investors weighed the potential impact of the upcoming U.S.-Russia summit on Ukraine on ...
Indian state refiners have started making enquiries with trading firms about purchases of Russia's Urals crude oil as ...
Rystad Energy analysts report WTI faces challenges from OPEC+ exports, refinery maintenance, and quality mismatches, ...
The price of Kuwaiti oil fell by US$1.10 to US$68.68 per barrel (pb) on Wednesday, down from Tuesday’s US$69.78, according to the Kuwait Petroleum Corporation (KPC).Brent crude futures declined 49 ...
Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...
Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.
The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...