The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic ...
U.S. crude oil inventories likely rose moderately last ... Commercial crude stockpiles are expected to have increased by 1 million barrels, to 427 million barrels, in the week ended Oct. 25 ...
HOUSTON, Oct 28 (Reuters) - Oil prices tumbled 6% on Monday, or more than $4 a barrel, after Saturday's retaliatory strike by Israel against Iran's military bypassed oil and nuclear facilities ...
Back home, crude oil futures settled 2.18 per cent higher at ₹6,040 per barrel on the multi-commodity exchange (MCX). -Analysts said the oil market is bouncing around in a holding pattern till ...
Oil prices continue to yo-yo between $70 and $80 per barrel', a BofA Global Research report sent to Rigzone today stated. A new BofA Global Research report sent to Rigzone today highlighted that ...
Enbridge will add up to 120,000 barrels per day (bpd) to its Gray Oak oil pipeline by 2026, an example of expanding capacity on an existing pipeline. Enterprise has said it could convert a natural ...
Oil settled higher the first two sessions this week as buyers emerged. U.S. crude inventories rose by 5.5 million barrels to 426 million barrels in the week ended Oct. 18, the Energy Information ...
Oil traders are holding a record number of options ... contracts for the first time — the equivalent of four billion barrels. The total number of positions held by traders has jumped by more ...
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
TOKYO -- Despite slowing demand, fears are mounting that oil prices will top $100 per barrel as tensions in the Middle East multiply, threatening Asia, home to some of the world's largest net oil ...
Guyana and Suriname have been the focus of oil and gas exploration in recent years, with billions of barrels of oil found ... The project, expected to pump 220,000 bpd at peak production, will ...