Prices fell in early trading on Wednesday after data from the U.S. Energy Information Administration revealed that U.S. crude stocks had surged by 1.2 million …

Oil prices experienced a significant decline on Tuesday, extending losses from the previous session’s four-month low, as investors grew apprehensive about a potential surge in …

Oil prices were in a holding pattern in early Asian trading as markets awaited an OPEC+ meeting on June 2 where producers are expected to …

On a global scale, physical crude markets have more recently been under pressure due to soft refinery demand and ample supply.

China, the largest importer of crude globally, increased its storage by 700,000 barrels per day (bpd), a substantial quantity that challenges the perception of robust …

Brent and U.S. crude futures rose by 0.5% and 0.6%, respectively, with the benchmarks responding positively to China’s GDP growth of 5.3% year-on-year.

Oil prices dip in pre-Thanksgiving trade as market awaits OPEC+ decision on output cuts and seeks confirmation of a surge in U.S. crude stocks amid …