Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high U.S. production and exports offset concerns that fighting between Iraqi and Kurdish forces Continue Reading
U.S. crude futures pared losses late in the session after falling as much as 1.3% and closed up 1 cent, or less than 0.1%, to $51.88 a barrel on the Continue Reading
Disruptions to U.S. oil production from Hurricane Nate may support a risk-fueled rally in oil prices Tuesday, but concerns about global outages may be fading. Crude oil prices soared during Continue Reading
Crude oil inventories are still coming down. The American Petroleum Institute (API) reported a huge draw of 7.130 million barrels in United States crude oil inventories, compared to an S&P Continue Reading
Oil posted gains on Monday on news that the Iraqi military had seized control of Kirkuk, but oil fundamentals and the large supply capacity of both OPEC and U.S. shale Continue Reading
Read this if you’re heading to Aberdeen, Houston or other oil and gas hubs in 2018. Whenever I’ve had the opportunity to chat with oil and gas professionals at conferences Continue Reading
Barring a few select markets, most U.S. drivers are seeing a decline in gas prices as the energy sector recovers from recent hurricanes, market analysis found. Motor club AAA recorded Continue Reading
Crude prices rose 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, seizing territory from Kurdish fighters and briefly cutting some crude output from OPEC’s second-largest Continue Reading
The wave of investor bullishness towards oil that started back in July and August may have peaked at the end of September, according to the latest position records published by Continue Reading
Geopolitical issues and concerns added a considerable risk premium to the price of oil on Monday as fighting erupted in the north of OPEC member Iraq. Much of the oil Continue Reading
