UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

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The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...

Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...

At the time of writing, Brent crude was trading at $72.75 per barrel, with WTI at $68.89 per barrel, both up from opening. The crude oil inventory change compared with a build of the same size for the ...