Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals, but the U.N.-backed government still needs to sign Continue Reading
Oil prices fell again on Friday, endorsed by a stronger dollar and persisting fears of both a crude and refined products glut. (Click to enlarge) (Click to enlarge) (Click to Continue Reading
Oil prices pulled back on Friday, weighed down by a glut in oil products that is stoking market concerns that rebalancing will take longer than hoped. The global benchmark, Brent, Continue Reading
Crude futures were on track for weekly losses on Friday as investors reassessed U.S. data on oil stocks and excesses in oil products in Europe and Asia. While many expect Continue Reading
• WTI consolidated near the $45 mark this week and achieved just a $2.40 range from Monday through Thursday as Summer Doldrums took effect. News flow and volumes were light Continue Reading
Oil prices pulled back on Friday, weighed down by a glut in oil products that is stoking market concerns that rebalancing will take longer than hoped. The global benchmark, Brent, Continue Reading
Crude oil drips from a valve at an oil well operated by Venezuela’s state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas Continue Reading
Oil prices fell throughout U.S. trading Thursday as a glut of gasoline keeps weighing on prices. U.S. oil for September delivery settled down $1.00, or 2.2%, to $44.75 a barrel Continue Reading
Crude oil prices edged up in early Asian trading on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but a surprise build in Continue Reading
Natural gas prices flipped to gains after government data showed a smaller-than-expected surplus of gas headed into storage last week. The U.S. Energy Information Administration said natural-gas stockpiles grew by Continue Reading
