The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...
Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell.
The Brent crude oil front month futures price has fallen by over 5% from last week’s 76.13 high which was made right within ...
The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...
IPMAN says it expects to agree petrol price with Dangote refinery in 48 hours*Crude nears two-week low as OPEC cuts demand view ...
Signs of strength in the price behavior of crude oil have been seen recently. Both the 20-Day and 50-Day MAs were reclaimed this week, and each day crude has closed above the line since.
The West Texas Intermediate crude oil market has pulled back ever so slightly during the early hours here on Thursday, but really at this point in time, we’re just in the middle of what I see as ...
A significant portion of these exports is believed to be derived from Russian crude oil, which is refined in India and sold ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...