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, ...

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 ...

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

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

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 ...

BISMARCK – North Dakota reached an all-time high of 19,117 producing wells in August, according to the assistant director of ...

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 ...

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.