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Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from ...
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...
Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.
Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...
Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...
HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...
ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...
In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...
No significant refill yet for Strategic Petroleum Reserve, but new law set to advance Trump’s pledge
The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
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