U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 ...

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Oil prices were mixed in the early Asian session, but may be weighed by a larger-than-expected decline in U.S. crude inventories.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...

Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...

The more-active NYMEX July RBOB contract was off by 1.8cts to $2.0455/gal and June RBOB was down by 2.35cts to $2.066/gal. The NYMEX July ULSD contract was 2.9cts lower to $2.0415/gal and June ULSD ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...

At the time of writing, WTI Crude oil is trading above $62, gaining more than 1.50% on the day as markets respond to the group’s cautious stance.