Oil futures were near flat on Thursday after recovering from the day’s worst losses that came when U.S. President Donald Trump called for OPEC to boost crude output in an Continue Reading
Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. Continue Reading
Portland, Oregon, rack gasoline has jumped more than 33 cents since March 12 on ethanol shortages tied to the recent “bomb cyclone” in the US Midwest that set off flooding Continue Reading
Crude oil futures were lower during mid-morning trade in Asia Thursday amid a surprise build in US crude stocks and lingering uncertainty over the global economic outlook. Receive daily email Continue Reading
Oil prices fell on Thursday, extending losses into a second straight session, after widely watched data showed a surprising increase in U.S. stocks. International Brent crude oil futures were at Continue Reading
Crude oil futures were stable to slightly higher in mid-morning trade in Asia Wednesday amid mixed global supply-side indicators. At 10:30 am Singapore time (0230 GMT), ICE May Brent crude Continue Reading
Oil prices were mixed on Wednesday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown Continue Reading
The American Petroleum Institute (API) reported a build in crude oil inventory 1.93 million barrels for the week ending March 22, coming in under analyst expectations of a 1.1-million-barrel draw. Continue Reading
Oil rose nearly 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining U.S. inventories. Despite concerns about Continue Reading
Four of the world’s biggest traders expect the Brent oil price in 2019 to largely linger in the $60s a barrel with a slight rise in the second half of Continue Reading
