OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...
U.S. and global oil futures declined on Thursday as a hefty rise in last week's U.S. supplies and uncertainty surrounding tariff disputes helped to weaken the outlook for crude demand, prompting ...
Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.
Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving ...
Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...
DONALD TRUMP likes oil—and oilmen. He gushes about “liquid gold” with as much ferocity as Spindletop, an oil well that spat ...
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over ...
The latest Energy Information Administration data showed U.S. commercial crude oil stocks jumped 8.7 million bbl for the week ended Friday. Gasoline inventories also jumped 2.2 million bbl, while ...
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
Trump signed actions for harder pressure on Iran with the potential to drive its exports significantly lower', SEB Chief Commodities Analyst Bjarne Schieldrop said.