News

West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...
Oil prices edged higher on Thursday, recovering from the previous day's drop, on news that the U.S. and China agreed to more ...
The crude oil market continues to see a lot of noisy trading, as we are in the middle of a range currently. Looking at the volume, it also seems as if we are trying to accumulate oil, despite the OPEC ...
By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...
Since our last report oil prices remained relatively stable. In today’s report we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the demand and supply ...
Concerns over slowing U.S. demand were exacerbated by softer-than-expected private payrolls data, which showed the labor market was cooling. The print came just days before key nonfarm payrolls data ...
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...
New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create ...
Oil Prices Flat as Market Weighs OPEC+ Output Hikes, Canada Wildfires Oil rose, and while the market has so far managed to absorb additional supply from OPEC+, continued production ramp up could lead ...
John Fredriksen has not lost his fastball, Frontline chief executive Lars Barstad insists. Speaking at TradeWinds Shipowners ...
In 1977, in the aftermath of a devastating oil embargo by Arab members of OPEC, America's political leaders called for strong action. Congress responded by creating a strategic petroleum res ...