Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on ...
However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...
Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up ...
Oil prices slipped by more than 3% on Thursday on a media report that Saudi Arabia, the world's top crude exporter, will give ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
A widely followed global stock index and the S&P 500 hit record highs on Thursday after chipmaker Micron Technology's upbeat ...
Israel escalated its war against Hezbollah this week with a campaign of deadly airstrikes that stoked concern about the ...