West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.
Citi has forecast that oil prices will average $86 per barrel in the second quarter, slightly higher than current Brent price ...
WTI crude prices decline as OPEC keeps its demand forecast unchanged, while analysts and traders surveyed by Dow Jones Newswires forecast an 1.1 million barrels reduction in U.S. oil inventories.
Monty Rakusen/DigitalVision via Getty Images As markets look ahead to OPEC+ meeting in early June where the producer group is expected to extend the ...
Oil futures ended lower on Friday, but U.S. and global benchmark prices made only modest moves for the week as traders ...
RWE , Germany's largest electricity producer, on Wednesday said its first-quarter core profit fell by more than a quarter, ...
Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy ...
Indeed, Joe Biden also seems to have a knack for the oil trade. Two years ago his administration initiated the largest ever sell-off from America’s Strategic Petroleum Reserve ( SPR ), an emergency ...
Chinese refiners will lift less Saudi crude oil in June than in May, people with knowledge of the matter said on Friday.