One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% on an annual basis.
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
U.S. West Texas Intermediate (WTI) crude futures fell on Wednesday as presidential election polls were closing in the United ...
WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Palm oil rallied for a third day to its highest level in more than two years on strong demand amid concerns over tightening ...
Vitol, Trafigura, and BP are the primary buyers of fuel produced by the Dangote refinery, Africa's largest, as it ramps up ...
U.S. election. We look at United States Oil Fund, LP ETF (USO) and how it may react in the current environment.
The US is pumping a record amount of oil. But that may not be welcome news to other crude-producing nations. Domestic output ...
Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 1.724 million barrels, according to API data, after rising ...
Oil prices fell more than 1 per cent on Wednesday as the dollar firmed on market bets the U.S. presidential election could ...