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West Texas Intermediate (WTI)

Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and on demand concerns linked to a protracted trade war between China and the United States. Read more

Commodities

Oil futures inched up on Wednesday as the prospect of mounting tensions in the Middle East hitting global supplies overshadowed an unexpected build in U.S. crude inventories. Read more

Commodities

Oil prices fell on Monday, extending the Friday decline that halted a weeks-long rally, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran. Read more

Commodities

U.S. crude oil hit a 2019 high on Monday and Brent gained a dollar after tight supply and positive signs for the global economy drove both benchmarks’ largest first-quarter gains in nearly a decade. Read more

Commodities

Oil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela. Read more

Commodities

Crude oil futures fell nearly 1 percent on Wednesday after U.S. government data showed a sharp build in crude inventories, but a third weekly draw down in gasoline stocks kept losses at bay. Read more

Commodities

Proved reserves of crude oil in the U.S. increased 19.5 percent from year-end 2016, rising to 39.2 billion barrels and surpassing the previous peak level of U.S. crude oil proved reserves of 39 billion barrels set in 1970. Read more

Commodities

Brent crude oil averaged $72 per barrel (b) in 2018, nearly $17/b more than the average price for Brent in 2017. Read more

Commodities

Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China’s services sector expanded in December, while signs of lower crude supply also lent support. Read more

Commodities

Oil prices dropped sharply, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production. Read more

Commodities

The world’s biggest oil traders are counting hefty losses after a surprise doubling in the price discount of U.S. light crude to benchmark Brent in just a month, as surging U.S production upends the market. Read more

Commodities

Oil prices were set for a second straight week of decline on Friday after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions. Read more

Commodities

Oil prices fell about 1 percent on Thursday, with expectations building that OPEC could wind down the output deal in place since the start of 2017, due to supply concerns out of Venezuela and Iran. Read more

Commodities

Oil prices kept rising to their highest since late 2014 as U.S. crude inventories declined, moving closer to five-year averages, and after sources told Reuters that top exporter Saudi Arabia aims to push prices even higher. Read more

Refining & Petrochemical Processing

Oil prices are likely to rise this year thanks to supply disruptions and an OPEC-led deal to limit production, but doubts over the future of compliance with the multilateral agreement and rising U.S. production could stem the upward momentum... Read more

Refining & Petrochemical Processing

Crude oil futures slipped on Monday, but a rebound in stock markets and escalating Saudi-Iran tensions capped losses. Read more

Refining & Petrochemical Processing

Oil prices fell on Monday on expectations that U.S. output will rise this year, erasing earlier gains buoyed by lower weekly U.S. rig counts and falling U.S. unemployment. Read more

Refining & Petrochemical Processing

Oil prices were broadly steady on Thursday but still set to slip over the week for the second time in a row against a backdrop of rising U.S. crude production and an increase in inventories. Read more

Refining & Petrochemical Processing

Exports of U.S. crude oil to Asia appear to be starting to struggle under the weight of a narrowing discount for its domestic benchmark crude to international grades and efforts by other suppliers to maintain competitiveness. Read more

Refining & Petrochemical Processing

Oil prices struggled to stay in positive territory on Wednesday after data showed industrial activity in some of the world’s major crude-consuming nations has softened. Read more

Refining & Petrochemical Processing

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