OilpricesonThursdayremainedclosetohighstouchedthepreviousdaythatwerelastseeninlate2014,buoyedasU.S.crudeinventoriesdeclinedandastopexporterSaudiArabiaisexpected
AnnualaverageU.S.crudeoilproductionreached9.3millionbarrelsperday(b/d)in2017,anincreaseof5percent,U.S.EnergyInformationAdministration(EIA)saidWednesday.EIAproje
TopoilexporterSaudiArabiaisexpectedtocutpricesforallcrudegradesitsellstoAsiainMaytoreflectweakerpricesforitsMiddleEastbenchmarkDubaicrude,tradesourcessaidonMond
WeliveinaworldofpetrodollarswheretradersfollowBrentandWTIasestablishedbenchmarks.Nowacredibleregionalbenchmarkcompetitorisinthemaking,asChinaformallylaunchedits
CrudeoilfuturessteadiedonMonday,supportedbyareboundinstockmarketsandescalatingSaudi-Irantensions.Globalstockscameoffsix-weeklowsonoptimismthattheUnitedStatesand
China’syuan-denominatedcrudeoilfuturescontract,thefirstofitskindlistedontheChinesemainlandtooverseasinvestors,begantradingonMondayattheShanghaiInternationalEner
OilpricesstabilizedonMondayafteroneofthemostbearishweeksinmonths,proppedupbyOPECcommentssignalingthegroupandotherproducersmaytakefurtheractiontorestoremarketbal
OilpricesedgeduponMondayaftertheSaudioilministerdiscussedpossiblyextendingapacttocutglobaloilsuppliesbeyondMarch2018withhisVenezuelanandKazakhcounterparts.Newso
OilpricesremainedunderpressureandsettledaboutflatonFriday,whilebenchmarkUSgasolinepricesslidforthefirstdaysinceHurricaneHarveystrucktheUSoilindustryheartland,as
OilpricesroseonTuesday,liftedbyindicationsthatsupplyisgraduallytightening,especiallyintheUnitedStates.Brentcrudefutures,LCOc1theinternationalbenchmarkforoilpric
U.S.refinerscouldfaceacontinuedsqueezeonprofitmarginsinthemonthsaheadasdwindlingsuppliesofheavycrudefromVenezuelaandelsewhereareleadingseveraltoswitchtohigher-p
Oilpriceshitatwo-monthhighonMonday,liftedbyatighteningU.S.crudemarketandthethreatofsanctionsagainstOPEC-memberVenezuela.U.S.WestTexasIntermediate(WTI)futuresbri
OilpriceswerelittlechangedonFridayaheadofakeymeetingofmajoroilproducingnationsnextweek,sittingbelowthe$50perbarrellevelthatwasbrieflybreachedforthefirsttimein6w
OilpricesheldsteadyonThursdayfollowingsolidgainsthepreviousdaywhenfallingU.S.fuelinventoriesliftedthemarket.However,Brentcrudeoilpricesremainbelowthekey$50perba
OildippedonThursdayonpersistentworriesaboutoversupply,butstrongChineseimportsandsignsthatU.S.storagetanksaregraduallybeingdrainedofferedsomesupporttoprices.Bren
OilpricesroseforaneighthdayonMonday,theirlongestrallyinoverfiveyearsafterdatapointedtomoderatingU.S.output,butanalystssaidnewsofrisingOPECproductioncouldtemperg
CrudeoilfutureswerelargelyunchangedonTuesdayasthemarkettookabreatherfollowingthreedaysofgainswithasupplyglutkeepingalidonprices.U.S.WestTexasIntermediate(WTI)cr
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