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Oil prices edged higher in volatile trading as investors weighed a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea.
Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne ...
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of ...
US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per ...
Oil prices fell on Wednesday, as investors awaited new updates on US tariffs, amid expectations for a rise in crude ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
According to new data from the Energy Information Administration, gasoline demand increased from 9.29 million barrels last week to 9.68. Total domestic gasoline supply decreased from 230 million ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...
Consumer prices were 2.0% higher than a year ago, down from the 2.1% inflation rate of May, and lower than what polled ...
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Again, Dangote Refinery Reduces Petrol PriceDespite the recent rise in crude oil prices, which pushed both Brent and West Texas Intermediate (WTI) crude to their highest closing levels since June 23, the Dangote Refinery has maintained its ...
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