At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to ...
Colombo, No. 6 (Daily Mirror) - Despite Sri Lanka’s decision to import crude oil from the United States, its WTI (West Texas Intermediate) crude has not qualified to enter the Sri Lankan market ...
WTI crude oil futures remained under pressure this week, as bearish fundamental forces overshadowed temporary bullish drivers. Despite a larger-than-expected U.S. inventory draw and de-escalating U.S.
Crude oil softened early Thursday, hovering near $60 amid concerns over sluggish demand and persistent oversupply. Despite new sanctions on Russia, the market’s outlook remains weak, with resistance ...
Light crude oil futures edged lower Thursday as traders failed to follow through on Wednesday’s modest rebound, with prices stalling below key technical resistance. The 50-day and 200-day moving ...
Stubbornly low commodity prices are expected to reduce capital spending in Canada’s oilpatch as companies brace for what could be slimmer returns on their products, but consumers might be in for a run ...
NEW YORK, Oct 29 (Reuters) - Oil prices rose on Wednesday after data showed U.S. crude and fuel inventories drew down more than expected last week, and as U.S. President Donald Trump's optimistic tone ...
Crude oil inventories in the United States decreased by 6.9 million barrels during the week ending October 24, after losing 1 million barrels in the week prior, according to new data from the U.S.
Pakistan has received the largest-ever US crude oil shipment to dock at a local port. The vessel MT Pegasus, carrying one million barrels of West Texas Intermediate crude, will berth today at ...
India has significantly increased its crude oil imports from the US, reaching 540,000 barrels per day in October. This move aims to diversify oil sources beyond Russia and address trade concerns with ...