The dip reflects shifting expectations around US monetary policy, with investors bracing for a tighter US Federal Reserve stance in 2025 under Donald Trump’s administration. Anticipation of higher ...

In addition, a tighter supply of spot Iranian crude — given concerns about a possible Israeli strike on Tehran’s energy infrastructure — have spurred teapots to look elsewhere, the traders said. For ...

On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...

Markets brace for Election Day impact as oil rises and Treasury yields fall, with stocks drifting ahead of a pivotal week.

The price of oil, meanwhile, rallied again to further trim its loss for the week. A barrel of benchmark U.S. crude rose 1.3% to $70.19 per barrel. Brent crude, the international standard, climbed 1.6% ...

International crude oil prices settled higher in the previous session, gaining four per cent in the last five days as investors are taking stock of the ongoing geopolitical conflict in the Middle ...

What is the price of crude oil today? WTI futures traded at $71.05 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 3.25%. Brent futures traded at $74.98/bbl, a drop of 0.04% in ...

NEW YORK, Oct 23 (Reuters) - Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about ...

(RTTNews) - Crude oil inventories in the U.S. increased by much more than expected in the week ended October 18th, according to a report released by the Energy Information Administration on Wednesday.

Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil ...