Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
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 ...
Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...
Oil markets spiraled on the news, falling as much as 4% on Thursday. A report that Saudi Arabia would ditch its unofficial ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil prices slumped on Thursday, reversing earlier gains, on news Saudi Arabia, the world's biggest crude exporter, will give ...
Oil prices turned sharply lower Thursday, on waning hope that supply cuts from the OPEC+ cartel and Chinese economic stimulus ...
HOUSTON (Reuters) - Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top ...
Drivers are poised to benefit from lower prices at the pump as the world’s biggest oil exporting nation prepares to ramp up ...