Oil prices gained for a second session on Thursday, supported by worries over supply amid U.S. sanctions on Russia, a ...
SINGAPORE/NEW YORK: Asian shares tracked Wall Street higher on Thursday and the dollar was soft as easing core U.S. inflation kept potential rate cuts by the Federal Reserve on the table, while the ...
Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read more on OXY stock here.
"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...
Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...
Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...
Moscow time (3:30 p.m. GMT) the price of March futures for Brent oil on London’s ICE was up by 1.35% at $81 per barrel while the price of futures for WTI oil with March delivery was up by 1.99% at $79 ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.
The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...
Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...