According to the US EIA (Energy Information Administration), US commercial crude oil inventories increased by 2.8 million ...

EIA nudges up 2026 WTI outlook and sees a bigger 2025 U.S. oil output record, citing China stockpiling, Russia sanctions and an OPEC+ pause.

I expect October West Texas Intermediate prices to remain between $60 and $70 per barrel, which was also my forecast range for July through September. Although big banks and some analysts have been ...

Equita analyst Massimo Bonisoli explained why oil prices were rising even as OPEC+ pledged to increase supply. Both the Brent and West Texas intermediate grades were up 1.7% Monday morning. "The ...

From the oil field to the hotel desk, business has remained brisk in the country’s top oil basin as analysts warn of a potential downturn. FORT STOCKTON, Texas — Warnings of doom and gloom have been ...

JPMorgan forecast on Monday Brent crude at $57 a barrel and West Texas Intermediate (WTI) at $53 in 2027, while keeping its ...

Indian Oil Corp (IOC) reportedly skipped buying U.S. oil in its latest tender and instead turned to African and Middle Eastern grades. According to a Reuters report, IOC purchased 2 million barrels of ...

Oil prices are trading at their lowest in four months amid fears of damped demand and increased supply. West Texas Intermediate crude fell below $61.30 a barrel at one point early Thursday, its lowest ...

Vietnam's Binh Son oil refinery is set to receive 1 million barrels of West Texas Intermediate crude in January, its second purchase in three months as it steps up imports from the United States, two ...

HOUSTON (Reuters) -Oil and gas production and activity in the key producing states of Texas, Louisiana and New Mexico declined slightly in the third quarter of 2025, according to the Dallas Fed on ...