WTI crude consolidates near $61.3 within a descending triangle pattern. Israel-Hamas ceasefire talks ease risk premium, but U ...
Oil traders see OPEC+ agreeing to revive more production in November as the group strives to reclaim global market share.
WTI steadies above $62.6 as easing geopolitical risks and firm U.S. demand keep oil prices supported despite rising ...
Oil traders rushed to unwind a bevy of bearish bets after Pfizer announced promising results for its COVID-19 vaccine, shaking up energy markets that were primed for demand to sink into the winter on ...
WTI oil pulls back as Israel and Hamas agreed to Gaza ceasefire. Geopolitical risk premium declined, which was bearish for ...
Oil futures posted their sharpest single-day declines in several months as the Israel-Hamas ceasefire reduced geopolitical risk premium and President Trump stepped up trade tensions with China.
Oil prices are trading at their lowest in four months amid fears of damped demand and increased supply. West Texas ...
U.S. prosecutors charged a former U.S. employee of a Swiss energy trading firm with bribery and a Florida company pleaded guilty to bribery as a probe into corruption in energy trading widened in the ...
China, the world’s largest importer of crude oil, has been stockpiling it at a rate of close to 1 million barrels daily since ...
Alex Sanna’s departure comes a few months after the company posted one of the worst performances from its energy- and ...