Oil futures edged higher in early Asian trade. Brent crude oil was consolidating around the $77/bbl level amid continued uncertainty over whether OPEC will align its policies with Trump’s desire for ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Donald Trump has said he is considering excluding oil imports from the 25 per cent tariffs he has threatened to impose on Mexico and Canada, in a sign the US president might offer exemptions for ...
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Crude oil futures scored modest gains Thursday, then added to gains after-hours as President Trump reiterated his threat to impose 25% tariffs on imports from Canada and Mexico starting February 1, ...
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