Crude oil inventories in the United States rose by 1.96 million barrels for the week ending September 13, according to The American Petroleum Institute (API). Analysts had expected a 100,000-barrel ...
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will grow if the U.S. Federal Reserve lowers borrowing costs this week, as is widely expected. U.S.