U.S. crude oil inventories fell by 1.8 million barrels last week and were about 4% below the five-year average for the time ...

U.S. crude oil inventories fell last week as exports increased and refineries ran at a higher rate, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

Market sentiment may be overly bearish on oil, as commercial traders are nearly net long and speculators have largely exited ...

What is the price of crude oil today? WTI futures traded at $74.12 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.93%. Brent futures traded at $77.75/bbl, an increase of 1.46% in ...

U.S. crude oil inventories rose for a third consecutive week with a drop in refinery capacity use partly offsetting a decline in imports and rise in exports, according to data released Thursday by the ...

HOUSTON, Oct 22 (Reuters) - Companies drilling for the crude that turned the U.S. into the world's top oil producer face an unexpected dilemma: their West Texas Midland crude is getting lighter, which ...

Forecasts of an oil glut clash with reality. Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter than forecasters assume. With OPEC+ ...

The United States seized a tanker off Venezuela’s coast en route to Asia on the morning of the 10th, local time, President ...

What is the current oil price today? WTI futures traded at $69.97 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 4.72%. Brent futures traded at $73.97/bbl, an increase of 0.16% in ...

Nigeria's NNPCL faces a massive N8.07tn debt from crude-for-loans agreements, impacting national revenue and tying up daily ...

SALT LAKE CITY— The Bureau of Land Management announced today that it has completed an “accelerated environmental review process” and approved the proposed expansion of the Wildcat Loadout Facility ...