Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
Oil Prices Mixed on Falling U.S. Inventories, Potential Middle East Ceasefire
Oil prices were mixed, with Brent crude flat on $79.93 a barrel and WTI rising 0.2% to $76.48 a barrel. Crude has broadly ...
Oil Prices Climb Above $80 Per Barrel Amid Biden's Latest Sanctions
Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...
Crude prices jump as U.S. imposes sweeping sanctions against Russia oil industry
Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...
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Oil Prices Rally To Highest Level In Over Three Months, Rupee Crashes To All-Time Low
Earlier on Friday, the US Treasury levied sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and imposed ...
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Crude Prices Supported by Signs of Strength in the Global Economy
Crude prices today are moderately higher but remain below Wednesday's 3-month high. Signs of strength in the global economy support energy demand and crude prices after German industrial ...
Exxon Predicts $700 Million Hit to Profit From Lower Oil Prices
Exxon Mobil Corp. said earnings took a hit from lower crude prices and narrowing refining margins during the final three ...
Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US producer prices to crude oil
Gift Nifty was trading around 23,305 level, a premium of nearly 33 points from the Nifty futures’ previous close, indicating ...
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Crude Rallies as the US Expands Sanctions on Russian Oil
Crude and gasoline prices today are sharply higher, with crude posting a 3-month high and gasoline posting a 2-3/4 month high. Crude is rallying today after the US ratcheted up sanctions ...