Over the past week, oil prices have trended higher as concerns about escalating U.S.-Iran and Iran-Saudi standoffs have overshadowed bearish-side concerns about the U.S.-China trade war and slowing global economic Continue Reading
Oil futures were steady on Tuesday as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war between Washington and Beijing would limit Continue Reading
Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that Continue Reading
Oil prices on Monday rose to multi-week highs before easing later in the session as OPEC indicated it was likely to maintain production cuts that have helped boost prices this Continue Reading
It’s been almost three-and-a-half years since global oil prices dipped to precarious levels for major oil producing nations. Oil prices had plunged from more than $100 per barrel in mid-2014 Continue Reading
There has been much talk of an Iran War in recent weeks, but the likelihood of a war, whether intentional or accidental, is relatively small for the simple reason that Continue Reading
Oil prices have gone through a significant correction over the past few weeks, with WTI crude dropping from a six-month high of $66.30/barrel on April 23 to $61.04/barrel on May Continue Reading
Market manipulation could be behind the fact that California drivers pay more for gasoline than the rest of the country, the Lost Angeles Times reports, citing a statement by the Continue Reading
US Atlantic Coast margins weakened last week as refiners returned from planned work while in Northwest European margins rose on refinery outages, despite tighter crude supplies from quality issues and Continue Reading
Oil rose to multi-week highs on Monday after OPEC indicated it would probably maintain production cuts that have helped support prices this year, while tension continued to escalate in the Continue Reading
