Syria is seeking to import oil via local intermediaries after its first post-Assad import tenders garnered little interest ...
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...
Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
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