Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4, after reporting draws in five of the previous six ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.

This unexpected surge in crude inventories suggests a weaker demand for oil, a situation that is bearish for crude prices. The API’s inventory levels of US crude oil, gasoline, and distillates stocks ...

U.S. crude oil inventories rose by 3.8 million barrels, as imports increased and exports fell sharply from the week before.

Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...

U.S. crude oil inventories posted a fifth straight weekly decline, falling by 5.8 million barrels, compared to expectations ...