West Texas Intermediate (WTI) halted its six-day losing streak, trading around $74.40 a barrel during Asian hours on Friday. Crude oil prices are on...
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The benchmark West Texas Intermediate (WTI) rallied on Wednesday, jumping around 2.75% and clipping into $70 per barrel after the Energy Information Administration (EIA) reported a steeper drawdown in US crude oil reserves than energy traders anticipated. The Organisation of the Petroleum Exporting Countries (OPEC) has lowered its forecasts for world crude oil demand growth, however barrel traders are still banking on growing energy demand from China to sop up the extra. According to the EIA, US Crude Oil Stocks Change for the week that ended December 6 fell by 1.425 mln barrels, below the forecast -1.1 mln and declining
West Texas Intermediate (WTI) halted its six-day losing streak, trading around $74.40 a barrel during Asian hours on Friday. Crude oil prices are on...
Brent crude rose above $81 a barrel after rising nearly 4% in the previous session. West Texas Intermediate was near $78. The sweeping measures,...
Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how U.S. President Donald Trump’s proposed tariffs and energy...
Oil prices were steady on Monday as traders awaited U.S. President-elect Donald Trump’s inauguration in the hope of some clarity on his policy...
The benchmark West Texas Intermediate (WTI) extended gains for the third consecutive session during Asian trading hours on Monday, hovering above...
HOUSTON, Jan. 23 (Xinhua) -- U.S. crude oil production averaged 13.477 million barrels per day (b/d) during the week ending Jan. 17, down by 4,000 b/d...
Nigeria’s daily average crude oil production rose by 152, 000 barrels per day last November, according to data sourced from the newly released...
Oil prices declined following President Trump's statement about convincing Saudi Arabia and OPEC to reduce crude costs. WTI futures dropped below $75...
WASHINGTON — Experts say U.S. President Donald Trump's push for the OPEC+ alliance of oil exporting countries to bring down the cost of oil...
WASHINGTON — Experts say U.S. President Donald Trump's push for the OPEC+ alliance of oil exporting countries to bring down the cost of oil...