A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...
Crude oil rebounded from a key support zone, forming a higher low that keeps the bullish recovery intact and sets up another ...
Crude oil continues to form a nice trading range as traders are stuck between narratives of trade wars and supply/demand ...
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A billion-barrel oil glut is forming at sea
The oil market is grappling with whether sanctioned Russian and Iranian cargoes should still be counted as supply. This may explain why oil prices have been slow to react to a huge glut that is ...
A BofA Global Research report sent to Rigzone recently noted that BofA sees 'a[n] [oil price] floor likely forming at $55 per barrel'. A BofA Global Research report sent to Rigzone by the BofA team ...
Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.
Lower crude prices usually mean lower gas prices — but pressures on refineries, including drone attacks on Russian refineries, mean that consumers might not see as much benefit. The world’s crude oil ...
LAUNCESTON, Australia, Dec 16 (Reuters) - China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports overwhelmed steady refinery processing ...
U.S. investors are pouring into Canadian oil and gas stocks, now owning 59% of the sector. The Trans Mountain expansion is running near full capacity. Canadian energy stocks are surging, with the TSX ...
0844 GMT - Gold prices slip, but continue to hold above the $4,200 mark as investors await Federal Reserve Chair Jerome Powell's interest-rate guidance for next year. Futures in New York are down 0.1% ...
-- Brent crude oil is down 0.8% to $61.47 a barrel. -- European benchmark gas is down 2.9% to 26.70 euros a megawatt-hour. -- Gold futures are down 0.3% to $4,221.50 a troy ounce. -- LME three-month ...
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