For the week, oil prices – as tracked by the United States Oil Fund USO – have risen by nearly 13%, their largest weekly gain ...

Saudi Arabia boosts output by up to 2.2M bpd, pressuring oil prices and forcing OPEC+ compliance. Crude oil falls below $60 as increased supply and weak demand weigh on the oil market outlook.

India's Russian crude oil imports are surging, projected to hit a 10-month high in May, driven by increased demand for lighter grades like ESPO Blend. This surge, fueled by refinery shutdowns and ...

In this instance, while the actual figure is a decrease from the previous report, the fact that it is an increase against the forecast indicates a weaker demand for crude oil. This unexpected surge in ...

the fact that it is an increase against the forecast indicates a weaker demand for crude oil. This unexpected surge in US crude stocks could potentially influence the market’s outlook on crude ...

June WTI crude oil (CLM25) today is up +0.19 (+0.30%) and June RBOB gasoline (RBM25) is down -0.00082 (-0.38%). Crude oil prices today recovered from early losses and are moving higher on the ...

Saudi Arabia’s direct crude burn for power generation is likely to rise this summer compared to last year, potentially easing part of the concerns about a global oil glut as the OPEC+ group ...

Chinese imports of Russian crude oil slumped to below 2 million barrels ... Chinese customs data showed no crude imports from Iran, but a 96.9% surge in imports from Malaysia, whose waters are ...

Despite this, the bank kept its oil price predictions unchanged at $60 per barrel for Brent crude and $56 per barrel for West Texas Intermediate (WTI) for 2025. Currently, Brent crude is trading ...

Brent crude futures surged 1.62% to $64.60 per barrel. Wednesday’s surge in crude oil prices comes after OPEC+ –which includes the Organization of the Petroleum Exporting Countries (OPEC ...