Oil traders who bought options in a bet that crude oil would snap out of its doldrums are set to reap the rewards as prices ...
Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...
The US is moving to curb imports of used cooking oil, preventing foreign supplies used to make biofuels from qualifying for a ...
Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that ...
The algorithmic traders who have come to dominate the oil market are pulling back from the commodity after a second ...
The pace of sales for February-loading Angolan oil is faster than the last couple of months, with only 20-30% of next month’s ...
A rally in liquefied natural gas has pushed Asian prices to a rare and substantial premium over oil, paving the way for major ...
Shell Plc began production at its ‘Whale’ floating facility in the Gulf of Mexico, which is expected to reach daily peak ...
Companies have little interest in drilling in federal waters. Fighting over the issue can still be useful in Washington.
President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the US trade deficit. Top ...
Money managers are turning increasingly bullish on oil to start 2025 as technical signals prompt algorithmic traders to dump ...
Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...