WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.

Crude oil futures resumed their rally Wednesday, driven to their highest levels since August by renewed support from the prospect of supply curbs due to U.S. sanctions on Russian oil and winter ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

The Energy Information Administration’s (EIA) new short-term energy forecast confirms strong demand for 2025 but notes that ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...

Front Month ICE Brent Crude Rose 2.64% to Settle at $82.03, Highest Settlement Value Since August 2024 — Data Talk Front Month ICE Brent Crude for March delivery gained $2.11 per barrel, or 2.64% to ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.

The International Energy Agency on Wednesday lowered its projection for 2025 oil demand growth though the organization said ...

Oil prices were edging up as traders await more clarity on the effect of U.S. sanctions on Russia. Brent crude was up 0.4% at ...