Oil storage is a type of trade wherein vertically integrated companies purchase oil for immediate delivery and store until the price of oil increases. This storage can be for a short span of time, as ...

On past evidence, a 5pc year on year change in oil prices can be expected to cause average inflation in developed economies ...

By plane, car, mail and personal luggage, these ingredients arrive to local restaurants and storefronts at all costs.

South African motorists are ending the week with bad news for fuel prices – with recoveries coming under even more pressure ...

Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.

Oil prices rose slightly as traders awaited more clarity on the effect of sanctions on Russia, while reports of an imminent cease-fire deal between Israel and Hamas capped gains.

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

According to the United States Department of Agriculture (USDA), food prices jumped nearly 10% in 2022, the fastest increase ...

Two product procurement firms allegedly conspired to rig bids on awards for Department of Defense MRO contracts, resulting in ...