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With WTI currently testing the $65.00 psychological level, the 100-day Simple Moving Average (SMA) is providing resistance near $65.31. A move above this level could see the price retest the next ...
Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output ...
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
The West Texas Intermediate for August delivery dropped 41 cents, or 0.63 percent, to settle at 65.11 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
As the Middle East conflict continues and energy stability remains uncertain in the Persian Gulf, energy security remains steady in the U.S., fueled by the Gulf ...
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Drivers can expect relief at the gas pump as oil prices drop to pre-conflict levels following a ceasefire announcement ...