Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...
Oil futures rose Tuesday, bouncing after back-to-back losses that sent the U.S. benchmark back below the $70-a-barrel ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after ...
ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...