Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi Arabia's ...
Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...
South African petrochemical firm Sasol forecast a fall of up to 36% in half-yearly earnings on Wednesday, mainly due to a ...
Oil prices diverged at settlement on Tuesday amid tariff drama between Washington and Beijing, and after U.S. President ...
U.S. oil prices on Tuesday gave back most of their gains from a day earlier after the U.S. implemented an additional 10% ...
Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of ...
President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
The impact on China is likely to be limited, as U.S. crude has most recently accounted for less than 2% of Chinese imports, ...
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...