Oil futures picked up some ground from yesterday’s selloff, holding gains into the close despite a bearish U.S. inventory ...
Crude futures rebounded despite the EIA's weekly US inventory report showing a much higher than expected 6.4 million barrel build in crude stocks and smaller than expected draws in products.
Oil futures show signs of stabilizing after three weeks of declines, settling higher but off the day's highs. Recent market concerns with oil on water–oil in transit or in floating storage–have likely ...
U.S. oil prices retreated below $60 a barrel Wednesday, closing at their lowest level in three weeks. Front-month crude ...
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Crude oil futures stumbled to their third straight daily loss Wednesday on continuing worries over a potential OPEC+ production increase, while government data showed U.S. crude inventories climbed by ...
Oil futures settle lower in choppy trade with geopolitical premium from Ukraine's continued strikes on Russian refineries offset by concerns about oversupply. Adding to the bearish mood was this ...
LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market in ...
HOUSTON, Oct 14 (Reuters) - Oil prices fell on Tuesday, settling 1.5% lower as the International Energy Agency warned of a huge supply glut in 2026, and as trade tensionspersisted between the U.S. and ...