The US oil boom has been a highlight of the energy markets over the last few years, with American shale producers pumping vast amounts of crude. According to the Energy Information Agency ...

Crude oil prices ticked lower today, after the U.S. Energy Information Administration reported an inventory draw of 1.2 million barrels for the final week of 2024 but said gasoline and middle ...

(Bloomberg) -- Oil began 2025 by rising to the highest since October, buoyed by bullish technical indicators and shrinking US crude stockpiles. West Texas Intermediate jumped 2% to settle above $ ...

The Nairobi Securities Exchange (NSE) will not be a monopolist in offering trading of fractional securities in Kenya after the Capital Markets Authority (CMA) admitted a new firm that seeks to do ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone ...

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Escalating tensions in the Middle East, particularly the intensifying conflict between Israel and Hezbollah, had resulted in fluctuations in international crude oil prices, highlighting the ongoing ...

0908 ET – Oil futures are higher heading into year-end, with the market set to focus on 2025 supply and demand dynamics. “WTI has repeatedly rallied on attempts to break below $67, which has ...

As the energy market looks for clues on global crude oil demand growth in 2025, many are eyeing how things may unfold in India with China's consumption flattering to deceive. In 2024, India proved ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Crude oil prices started the last week of 2024 with a modest gain in anticipation of the ...