WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...

Options traders are making bullish bets that oil could soon hit $100 a barrel on fears tensions between Israel and Iran could ...

Crude prices have pulled back as fears of an oil supply disruption in the Middle East ease. U.S. crude futures edged lower ...

This city in Asia is home to the world's biggest oil refinery, having a capacity of 1,240,000 barrels per day.

Biden administration repurchases 6 million barrels of oil ... saying Biden's move "has to be one of the best oil trades in history." While the administration still has not fully refilled the ...

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

Shares of energy companies fell as oil futures slipped below the psychologically significant $70 per barrel level. Oil futures slid 8.4% to $69.22 a barrel for the week.

Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...

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 ...

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 ...

By Newsbase MENA Iran’s Jask oil terminal, situated outside the Persian Gulf, can export up to 1mn barrel of crude per day ...

1537 ET – Front-month crude oil futures settle up 5.2% to $73.71 a barrel, the third consecutive higher close for futures. It’s also the largest one day gain for oil both in terms of dollar ...