Add Yahoo as a preferred source to see more of our stories on Google. The culprit hiding in plain sight? Anti-drainback valves. These rubber seals inside quality oil filters prevent oil from flowing ...
Following Maduro's removal, Venezuela faces a prolonged recovery with muted short-term reactions in oil price, but questions about long-term outcomes for heavy oil markets remain. A US airstrike in ...
Oil prices barely budged after the U.S. ousted Venezuela’s Nicolás Maduro and President Trump pledged billions to revive the country’s oil infrastructure. WSJ’s David Uberti breaks down the market ...
Oil prices dipped on their first trading day of 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks, including the war in ...
A day after Trump ordered a complete blockade of all sanctioned oil tankers entering and leaving Venezuela, oil prices ticked up more than 1%. Oil tanker pursued by the US appears to claim Russian ...
Global oil prices are likely to remain under pressure in 2026. Supply is expected to exceed demand by as much as 4 million barrels a day. The Energy Information Administration expects inventories to ...
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 ...
Oil prices on Tuesday dropped to their lowest point since 2021. U.S. benchmark West Texas Intermediate was trading at about $55 per barrel, according to Business Insider’s tracker. That’s down from ...
Oil prices were on track Tuesday to settle at their lowest since early 2021 as weak economic data from the U.S. and China dulled the outlook for energy demand. China's factory output growth slowed to ...
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 ...
Dec. 16 (UPI) --U.S. crude fell below $55 a barrel Tuesday to its lowest since early 2021 as markets reacted to surplus concerns and potential peace deal in Ukraine. West Texas Intermediate fell to a ...