Geopolitical tensions have played a significant role in supporting oil prices.

Oil prices surged approximately 2% on Wednesday, driven by a larger-than-anticipated decline in U.S. crude inventories and a weakening U.S. dollar. This upward trend managed …

The American Petroleum Institute released data on Tuesday showing a larger-than-expected decrease in U.S. oil inventories for the week ending July 12.

Oil prices decrease due to potential Gaza ceasefire, while Hurricane Beryl poses risks to U.S. energy infrastructure.

The growing anticipation of an imminent Fed easing cycle has sparked a risk rally across stock markets.

The United States, as the world’s largest oil consumer, is entering its peak summer consumption period.

Oil prices dipped as investors weighed the potential delay in US interest rate cuts and the impact of abundant crude and fuel inventories on the …

Crude oil futures edged higher on Wednesday, supported by optimistic global demand projections from the U.S. Energy Information Administration (EIA) and OPEC, coupled with industry …

They are less inclined to respond to every price spike with a major boost in drilling that ultimately floods the market with oil and depresses …

Oil prices remained close to four-month lows on Wednesday, pressured by expectations of increased supply from OPEC+ later in the year and concerns over weakening …