Crude oil futures rose slightly on Thursday, with the U.S. benchmark trading around $69 per barrel, though the market outlook remains bearish. Global crude supplies are expected to outstrip demand …
The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short- to medium term, Exxon CEO Darren Woods told CNBC on Friday. Former …
U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel’s long anticipated retaliatory …
The Phillips 66 Carson refinery is shown after the company said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply, …
U.S. crude oil futures jumped more than 2% on Monday, reclaiming some of the losses from last week’s steep sell-off. The U.S. benchmark finished last week more than 8% lower …
Crude oil futures rose slightly Thursday after a four-day losing streak as fears of a supply disruption in the Middle East eased and a surplus looms over the market next …
Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption from the conflict between Israel and …
Crude oil futures fell nearly 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row. OPEC now sees demand growing by 1.9 …
U.S. crude oil on Friday was on pace to eke out its second weekly gain in a row as Israel prepares to retaliate against Iran. The U.S. benchmark has gained …
Crude oil futures fell about 2% on Tuesday, as the rally on geopolitical risk took a pause while the market waits for Israel to strike back against Iran. “Oil can …