Oil is a global commodity. It also has different chemistries throughout the world, depending on how it is matured, sourced, originated, and stored in the reservoirs below the surface.

We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at ...

Oil rose in early trade on signs of strong U.S. demand and Jerome Powell saying the impact of tariffs on inflation would likely be temporary.

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

Stimulus Plans Raise Stakes in US Trade Warabout 18 hours ago Crude Inventories Rise By 1.4 Million Barrels; WTI Oil Tests Session Highs1 day ago U.S. CPI Moderates in February, Inflation Eases to ...

settled at $69.46 a barrel on ICE Futures Europe, up 16 cents, or 0.2%. -- Back on Nymex, April gasoline RBJ25 fell 1.7% to $2.1012 a gallon, while April heating oil HOJ25 shed 0.8% to finish at $ ...

Saudi and Kuwaiti data includes the Neutral Zone. Venezuelan data includes upgraded synthetic oil. Nigerian crude output includes the Agbami and Egina streams and excludes Akpo condensate.

THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of Federal ...

Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trumprevoked a licence granted to U.S. oil major Chevron to operate in Venezuela.