Oil prices slipped on Thursday as an escalating trade dispute between the United States and China outweighed the bullish impact of a decline in U.S. commercial crude inventories. Benchmark Brent Continue Reading
Oil prices rose 3 percent on Wednesday, with Brent crude futures hitting a three-week high, after U.S. government data showed a larger-than-expected draw in crude inventories and as Washington’s sanctions Continue Reading
Total global coal capacity continues to inch up, but a peak is on the horizon. In the first half of 2018, retired capacity has nearly matched newly operating plants and Continue Reading
Iran warned on Wednesday it would hit U.S. and Israeli targets if it were attacked by the United States after President Donald Trump’s security adviser said Washington would exert maximum Continue Reading
Crude oil futures tracked upwards in the European morning session Wednesday following a stronger than expected draw in US crude stocks and with the market continuing to focus on the Continue Reading
Brent oil rose more than $1 a barrel on Wednesday, trading above $73 as an industry report showing a drop in U.S. crude inventories and U.S. sanctions on OPEC producer Continue Reading
The American Petroleum Institute (API) reported an extra-large oil inventory draw of 5.17 million barrels of United States crude oil inventories for the week ending August 18, compared to analyst Continue Reading
U.S. consumer demand for gasoline is slowing down and that should start bringing relief to travelers ahead of the next major holiday, analysts said. Moto club AAA reported a national Continue Reading
Oil held steady on Tuesday, as the prospect of price support from U.S. sanctions on Iran was offset by concern about the outlook for demand, particularly in light of the Continue Reading
October ICE Brent settled 38 cents higher at $72.21/b Monday, while September NYMEX crude settled 53 cents higher at $66.44/b as market participants focused on the impact of renewed US Continue Reading
