Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention ...