The Middle Eastern crude oil market is showing more signs of weakness amid growing concerns about a global glut that could drag prices still lower. The discount of the regional Dubai benchmark to ...

HOUSTON, Dec 31 (Reuters) - U.S. imported the least amount of crude oil last week in nearly five years, data from the Energy Information Administration showed, as companies looked to dodge a hefty ...

U.S. crude oil inventories fell last week as imports dropped and refineries ran at a slightly faster pace, according to data released Wednesday by the U.S. Energy Information Administration.

Crude oil stocks, not including the SPR, stood at 424.8 million barrels on December 19, the EIA's latest weekly petroleum status report showed. Image by peshkov via iStock U.S. commercial crude oil ...

January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...

Oil prices jumped about 3% after Trump's threatened blockade. Oil prices jumped about 3% after President Donald Trump this week threatened to blockade all sanctioned oil tankers traveling in and out ...

The oil market is under pressure this year as OPEC+ members have rapidly ramped up production after years of output cuts. Investors are also pricing in lower geopolitical risk on a possible peace ...

US crude oil inventories for the week ended Nov. 28, excluding the Strategic Petroleum Reserve, increased by 600,000 bbl from the previous week, according to data from the US Energy Information ...

Imports rise 4.88% y/y in November, up 5.24% from October Daily import volumes reach highest level since August 2023 Imports from Saudi Arabia, Iran rise from October, Russian imports fall - Kpler ...

Crude oil is historically very undervalued versus gold, with the gold-to-oil ratio near modern record highs above 70x. Market sentiment may be overly bearish on oil, as commercial traders are nearly ...

Russia's President Vladimir Putin (R) speaks with India's Prime Minister Narendra Modi (L) during a visit to the shipyard Zvezda, as Rosneft Russian oil giant chief Igor Sechin (C) accompanies them, ...