Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...
The EIA thinks that U.S. production could average 13.5 million barrels a day in 2025, 300,000 barrels above its 2024 level of ...
Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply ...
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 EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.
Oil prices rose on Wednesday trimming losses from the previous day, as the focus turned back to potential supply disruptions ...
2024 was a bummer year for Occidental Petroleum ( OXY 1.13%) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P Global Market Intelligence. Occidental was, in ...
The shelter index saw prices increase 4.6% compared to the year prior, the lowest level since January 2022. While the index ...
Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...
The crude oil market is on the boil again with prices surging 6% in the past one week in anticipation of the U.S. sanctions ...
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...