Oil futures climb Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data, which ...
U.S. crude stockpiles declined by 2.5 million barrels last week as refiners processed more crude in a sign that demand might be perking up. Oil prices held firm Thursday as stockpiles in the U.S.
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 ...
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.
Oil futures ended lower on Friday, but U.S. and global benchmark prices made only modest moves for the week as traders ...
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 ...
RWE , Germany's largest electricity producer, on Wednesday said its first-quarter core profit fell by more than a quarter, ...
Crude also found support Wednesday after weekly storage data showed a fall in U.S. oil inventories. Oil futures ...