Crude inventories fell by 1.9 million barrels to 422.9 million barrels in the week ended December 26, the EIA said, compared ...
The global oil market is likely to be under pressure in 2026 as growing supply and weak demand curb prices, and traders ...
Most of the reserves in the country are extra-heavy oil that’s tough to extract and generates more greenhouse gases.
WTI crude oil (CL1:COM) is ending 2025 near $57.9 a barrel on Wednesday, stuck in a sideways grind after another failed ...
Crude oil is on track for its steepest annual decline since 2020, with persistent oversupply capping rallies in 2025 and ...
Crude oil futures face limited reaction to Venezuela as heavy oversupply dominates. Traders focus on key technical levels and ...
The United States is currently the world’s largest crude oil producer, but it still needs to import heavy varieties of oil, as most of the domestic output tends to be light crude while refineries are ...
Reflections and stock-taking are usually a part of the end-of-year celebrations. For investors in the crude oil market, 2025 has been a rather underwhelming year. Brent oil price began the year on its ...
2-Year U.S. Treasury Note Continuous Contract $104.387 0.016 0.01% 5-Year U.S. Treasury Note Continuous Contract $109.234 0.070 0.06% 10-Year U.S. Treasury Note Continuous Contract $112.297 0.094 0.08 ...
It would seem that the normal laws of supply and demand would be the foundation for establishing the current market price for commodities like crude; and to some extent this is the case. However, when ...
Up, down, up is the path of crude oil as traders assess the prospect of whether more crude will be produced from Venezuela. Production in Venezuela clearly will be a long-term story -- not only will ...
Facing escalating conflicts across numerous areas, the Dangote Refinery is fighting for survival while competitors stand firm ...