Linhua Guan, CEO of privately held Permian shale operator, Surge Energy, commented in a direct communication to me that- “At ...

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

Occidental Petroleum raises guidance but remains limited by debt and high costs. See why OXY stock is still rated Underweight ...

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

U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...

WTI crude futures recover from a sluggish opening and close higher for the second consecutive day. But gains have been small as prices continue under pressure amid faltering global demand. The recent ...

Oil prices held near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025 and amid demand ...

Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth ...

Wall Street stocks were flat on Wednesday after data showed consumer price inflation rose last month.At the opening bell, the ...

Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.

Crude oil prices fell slightly on Thursday on amid weak demand growth concerns and a firmer dollar. Brent crude futures fell 0.08% to $72.22 a barrel, while US West Texas Intermediate crude (WTI) ...

The firm’s crude oil purchases this month include four cargoes of WTI Midland, three Forties, and one Brent — all in the ...