U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Crude oil futures fell for the week as bearish U.S. inventory data, weak Chinese demand, and a looming OPEC+ production hike ...

The latest EIA data showed that weekly U.S. crude oil production rose, from 13.387 million bpd to 13.392 million bpd. The ...

Crude futures eased after U.S. crude oil inventories rose for a second consecutive week, sending a bearish signal about ...

If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the ...

The oil markets are very noisy again on Friday, as we have a lot of outside influence in this market at the moment. Just this morning on Friday, we have seen rumblings about a new tariff from America ...

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

The crude oil market continues to see a lot of lackluster movement, as we simply don’t have anywhere to be at the moment. With this, the market is trying to sort out demand, massive oversupply, and ...

MIT’s new membrane could slash 90 percent of energy use in crude oil refining, reshaping one of the world’s most polluting ...

Oil futures shake off early weakness and turn higher, while remaining on track for a small weekly loss driven by concerns that OPEC+ will decide on another large output increase for July. A renewal of ...

Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank. The ...

Engineers developed a membrane that filters the components of crude oil by their molecular size, an advance that could dramatically reduce the amount of energy needed for crude oil fractionation.