The light sweet crude oil market has shown itself to be rather noisy yet again, as it looks like we are in the midst of trying to form some type of basing pattern. Keep in mind that crude oil is ...

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

The light sweet crude oil market initially tried to rally during the trading session on Tuesday but has turned right back around. I really think at this point in time, we are probably more or less ...

Crude oil futures traded lower on Monday morning following progress in talks between Iran and the US on nuclear deal. This move helped ease concerns over a possible crude oil supply constraint.

Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which ...

The Nigeria Security and Civil Defence Corps has uncovered illegally connected valves used by suspected oil bunkers to siphon crude oil from a major pipeline in the Umuoelechi creeks of Abia State.

U.S. crude oil inventories rose for a third consecutive week and gasoline and distillate stockpiles fell as refineries lowered their capacity use, data released Wednesday by the U.S. Energy ...

Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover their short positions on the commodity, and production figures ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in ...

(Image: Freepik) The Oil & Gas stocks are in focus in Monday’s trade after the Brent crude oil prices are near the $60 a barrel mark while that of US WTI crude oil prices dropped below $60/barrel.

U.S. crude oil inventories increased sharply last week as imports rose and refineries reduced their capacity use, according to data released Wednesday by the U.S. Energy Information Administration.

US crude oil inventories for the week increased by 500,000 bbl from the previous week, according to US EIA data. US crude oil inventories for the week ended Apr. 11, excluding the Strategic ...