Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.
Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...
Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
Oil prices edged up on Thursday, held in check by threatened US tariffs on Canadian and Mexican crude imports that could take effect this weekend.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...
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