As the Monday deadline for the June contract nears, Offshore Technology asks whether oil contracts could once again fall into ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Oil edged higher as a widely expected interest-rate cut by the Federal Reserve this week offset concerns about the demand ...

WTI price gains momentum as Hurricane Francine disrupts production in the US Gulf of Mexico. The US Bureau of Safety and Environmental Enforcement (BSEE) reported on Monday that Hurricane Francine ...

Energy stocks have been the worst performers in 2024. The S&P 500 Energy Sector index is up just 1.8% year-to-date, trailing ...

On Monday, oil prices saw an upward movement driven by expectations of a potential interest rate cut in the United States, ...

The price of Kuwait oil went down by 31 cents to USD 73.70 per barrel on Monday as opposed to USD 74.01 pb last Friday ...

Markets are also anticipating a possible interest rate cut by the US Federal Reserve on Wednesday, with analysts predicting a ...

This notion weighed on the dollar, which benefited oil prices. The prospect of lower interest rates also presented a brighter ...

Oil prices surged by nearly 2 percent on Monday (Sept. 16), buoyed by continued disruptions to U.S. Gulf Coast oil production ...

The Nigerian naira has plunged hard in the past few months and is now sitting at its all-time low against the US dollar.

The West Texas Intermediate for October delivery increased 1.44 U.S. dollars, or 2.1 percent, to settle at 70.09 dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery ...