The American Petroleum Institute reportedly shows a surprise draw of 1.58M barrels of oil in U.S. commercial stockpiles for the week ending October 11, after API reported a 10.9M-barrel build a week ...

Oil prices fell by more than $1 a barrel, losing over 1.5% in early trading on Monday, after disappointing Chinese inflation ...

Libya’s oil production climbed above 1 million barrels a day for the first time in two months, after the resolution of a ...

Crude oil inventories in the United States fell by 1.5 million barrels for the week ending September 27, according to The American Petroleum Institute (API). Analysts had expected a drop of 2.1 ...

He explains that there is "a ton" of spare oil capacity, estimating that Saudi Arabia has roughly 3 million barrels, the United Arab Emirates has 1.5 million barrels, and Iran has been exporting ...

Libya, which pumped about 1.2 million bpd of oil before the latest political stalemate, was plunged into a deeper political crisis over the row about the leadership of the Central Bank of Libya, the ...

Saudi Arabia is planning to press ahead with an increase in production from Dec 1., undoing ... Brent crude oil, the international standard, was down 2.3% at $71.24 a barrel.

The American Petroleum Institute reportedly shows a surprise draw of 1.58M barrels of oil in U.S. commercial stockpiles for the week ending October 11, after API reported a 10.9M-barrel build a ...

Libya’s oil production climbed above 1 million barrels a day for the first time in two months, after the resolution of a political standoff in the OPEC nation that had curbed output and exports.