Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

The prompt premium is justified because rising refinery processing rates and summer demand from power plants in the Middle ...

The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in respect of Russian oil, Kuwait ...

September WTI crude oil (CLU25) today is down -0.10 (-0.16%), and September RBOB gasoline (RBU25) is down -0.063 (-0.30%).

Diesel, the top component of global fuel demand, has been the lone bright spot in an otherwise lackluster oil market this year as refinery closures and a shortage of crude with higher diesel yields ...