Europe’s lack of energy security…
Refinery outages in the United…
Crude oil prices resumed their climb on Thursday, reclaiming some of the ground lost over the last month. At 1:30 p.m. ET, the WTI benchmark was trading at $91.09, a…
Resilient Russian oil supply and an expected surplus on the market prompted Barclays to slash its Brent oil price forecast to $103 per…
Oil prices fell sharply on Monday, dragged down by disappointing economic data from the world’s largest crude oil importer and the world’s second-largest crude oil consumer. The price of WTI…
Goldman Sachs revised down its Brent price forecast for this quarter to $110 a barrel, down from a previous projection of $140 per barrel, but the investment bank still…
WTI crude oil prices fell to their lowest point since early February on Thursday, giving up virtually all gains since Russia invaded Ukraine. WTI crude…
The price of crude oil rose on Friday, balking at the July U.S. jobs report, which suggested that the Federal Reserve could tighten further and limit the…
After touching the highest level since 2009 above $130/bbl, oil prices have pulled back sharply over the past two months with both Brent and WTI crude currently trading…
Crude oil prices could fall to $90 per barrel if the economies of the world's two biggest consumers continue struggling with growth, Bharat Petroleum's chairman told the Economic Times.…
Crude oil prices rose today after the Energy Information Administration reported a crude oil inventory draw of 4.5 million barrels for the week to July 22. This compared with…
Saudi Arabia could hike the price of its flagship crude grade going to Asia in September to a record-high premium over benchmarks, a Bloomberg survey of expectations of five…
Crude oil prices fell on Tuesday as the International Monetary Fund warned that high inflation and the Russian-Ukraine war could send the global economy to the brink…
Oil prices rose by 2% early on Friday, with Brent rebounding to above $100 per barrel at the end of a very volatile week, amid reports that President Joe Biden’s…
Failure to agree on a price cap for Russian oil will push international prices higher, a U.S. government official has warned, adding that the cap would need to be accompanied…
The UK’s Competition and Markets Authority (CMA) launched on Friday an in-depth market study of the domestic road fuel market after finding “cause for concern” in a rising gap…
U.S. Treasury Secretary Janet Yellen will seek support for the U.S. idea of capping Russian export crude oil prices during an upcoming visit to Asia next week, the Associated Press…
For the second day in a row, oil and gas stocks emerged as the worst-performing S&P sector as U.S. crude oil futures settled…
Oil prices nosedived alongside the broader market on Tuesday, with U.S. crude dipping to the psychologically important level of $100/bbl as growing recession fears coupled with concerns over…
My columns tend to generate a lot of “passionate” responses from viewers. I try to correct misconceptions, as well as false statements and beliefs about the energy industry.…
I don’t know who needs to hear this, but it seems like the vast majority of the country — including many politicians — still suffer from…
It's not about the oil. This is what President Biden has said about its upcoming visit to the Middle East and, more specifically,…