The downside of the Oil prices could be restrained as on Thursday, the US Treasury and State departments announced separate sanctions against a network that smuggles Iranian oil disguised as Iraqi Oil ...

Oil prices edged lower Thursday as markets weighed an unexpected U.S. crude inventory build, looming OPEC+ production ...

WTI crude oil (CLQ25) on Thursday closed down -0.45 (-0.67%), and August RBOB gasoline (RBQ25) closed down -0.0043 (-0.20%).

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

Crude oil futures jumped after Iran said it is suspending cooperation with the International Atomic Energy Agency, returning ...

At 419 million bbl, US crude oil inventories are about 9% below the 5-year average for this time of year, the EIA report indicated.

Crude imports increased by 976,000 barrels a day to 6.9 million barrels, while exports fell by almost 2 million barrels a day to 2.3 million barrels a day. The EIA estimated U.S. crude oil production ...

Crude oil inventories in the United States increased by 3.8 million barrels during the week ending June 27, according to new ...

Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

According to data from oil service provider Baker Hughes, the number of active oil rigs in the US fell by a further six last ...

Gas prices are easing ahead of the Fourth of July holiday, AAA Oregon/Idaho reported Tuesday. Oregon and most other states ...