Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 110,000 barrels, according to API data, after sinking by 144 ...

U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% ...

U.S. oil prices slipped on Tuesday on tariff drama between Washington and Beijing, then pared losses after an official said ...

Prices jumped on concerns that U.S. tariffs against its major trade partners could disrupt supplies and raise prices at the ...

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...

In its long-term oil demand outlook, Vitol said Monday that global oil demand could reach almost 110 million b/d at the end of 2030 and is likely to remain at that level until it begins to decline ...

The selloff offered an early glimpse of how Wall Street will respond to trade wars.

According to data from Trading Economics, the price of palm oil reached its highest point since mid-2022 late last year. On 11 November, the price reached 5,195 Malaysian ringgit (€1121.76) per tonne, ...

Oil prices settled lower on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data. Brent crude futures ...

US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...

Oil prices rose more than 2 per cent on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

It remains to be seen whether this will be a lasting trend, however, and several factors could limit any upside to oil prices. The new sanctions have several targets across the Russian energy ...