On Tuesday, Trump threatened what he called a "blockade" of all sanctioned oil tankers traveling in and out of Venezuela, ...
OPEC+ raised output to defend market share, signaling a deliberate shift away from price stabilization. U.S. shale’s record production and rapid adaptability have weakened OPEC’s traditional pricing ...
There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...
Crude oil prices fell for a second straight week as rising inventories and mounting oversupply expectations outweighed ...
Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...
The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...
NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...