Oil (BZ=F, CL=F) is on the rise as US crude stockpiles begin to decline, showing signs of increased demand. In addition, ...
In his weekly report released Sunday, energy economist Philip Verleger noted that diesel weakness is becoming more structural ...
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.
Over the past month, oil has gone from a clear sell to what is now approaching an attractive buying opportunity for energy ...
Oil futures ended lower on Friday, but U.S. and global benchmark prices made only modest moves for the week as traders ...
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 ...
Welcome to the Trading Day blog for Friday, May 17. ASX 200 to fall. Lendlease in focus. US retailer Walmart’s strong ...
RWE , Germany's largest electricity producer, on Wednesday said its first-quarter core profit fell by more than a quarter, ...
On the contrary, should OPEC choose to remove the cuts, ANZ said its fair value models suggest prices could fall as low as $75/bbl ... the Declaration of Cooperation until end-December 2025. Oil ...