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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 ...
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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 ...
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 ...
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...