U.S. crude oil inventories fell by 4.3 million barrels in the week ended May 8 and were about 0.3% below the five-year ...
The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.
June WTI crude oil (CLM26 ) ton Wednesday closed down -1.16 (-1.14%), and June RBOB gasoline (RBM26 ) closed down -0.0790 (-2 ...
T HE LARGEST supply shock in petroleum history is getting larger fast. Some 2bn barrels, or 5% of the world’s yearly oil ...
Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ...
A Panama-flagged crude oil tanker managed by Japanese refining group Eneos has passed through the Strait of Hormuz, ...
Middle East conflict closes the Strait of Hormuz, driving crude oil prices higher. WTI Crude hitting $110 in May at 51.5% YES ...
Oil prices edged up on Thursday, with market participants focused on the meeting between U.S. President Donald Trump and ...
The president is expected to urge the Chinese leader to help ease tensions in the Middle East by helping to persuade Iran to ...
The oil market is eagerly awaiting the outcome of the meeting between President Trump and President Xi, and whether it could ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
WTI, Brent and Dubai oil are the three major oil benchmarks that serve as reference prices for traders. Meanwhile, the ...
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