Crude inventories at the Cushing Oklahoma hub continue to draw, but a large increase in gasoline and distillate stockpiles resulted in an increase in commercial petroleum inventories ...
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries ...
Oil prices recouped losses from early Tuesday even as the market seems to be running out of steam amid oversupply concerns in ...
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of ...
Crude inventories saw a larger than expected decline for the week ending January 3rd, while fuel inventories continue to soar ...
Energy experts told Moneycontrol that the companies are unlikely to cut fuel prices as OMC profitability has dipped in the current fiscal so far compared to last year.
The declines come as energy prices also face headwinds from a strong dollar, which remained near a 52-week high against a basket of foreign currencies on the U.S. Dollar Index. A stronger U.S.
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