The recent drop in crude oil (CL=F, BZ=F) prices raises concerns about its impact on global markets. Factors such as President Trump's tariff announcements and expected OPEC supply increases have ...
The price of crude oil dropped around 0.8% on Tuesday, to about $67.8 per barrel, whereas Brent crude oil also fell 1.4% to around $70.6 per barrel. This was after the OPEC+ committee revealed ...
At 11:22 pm ET, Brent crude was trading down $1.48 (-2.07%) on the day at $70.14—a nearly $3 per barrel dip from this time last week and a $6 per barrel drop over the last two weeks. Oil prices ...
China’s top oil refiner, Sinopec (OTCPK:SPTJF), reported a double-digit drop in annual profit for 2024, citing weakening domestic oil demand and structural shifts in the energy market.
The first half of 2025 is shaping up to be a squeeze play for global oil markets. Supply is tightening thanks to ongoing production declines in Iran and Venezuela. The result? Brent crude prices ...
LAKEWOOD — The Millikan softball team defeated rival Lakewood 3-0 on Friday, at Lisa Fernandez field, behind a dominant performance by Lauren Cantwell. Cantwell pitched a complete game ...
It was a marked departure from the early 2000s, when the oil giant branded itself as “beyond petroleum,” and even 2020, when the company targeted a 20-fold increase in its renewables portfolio.
NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.
(Bloomberg) -- Oil edged up as internal market metrics flashed signs that recent declines were overdone, overshadowing the prospect of a temporary truce in Ukraine. West Texas Intermediate rose 0. ...
Reporting by Menna Alaa El-Din and Muhammed Al Gebaly Writing by Menna Alaa El-Din Editing by Elaine Hardcastle and David Goodman Energycategory Oil prices drop 1% on trade war worries but post ...
Oil prices edged higher on Wednesday on supply concerns with the U.S. stepping up efforts to limit Venezuelan and Iranian oil exports, while a bigger-than-expected drop in U.S. crude inventories ...