Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...
This comes after the Organization of the Petroleum Exporting Countries on Tuesday again cut its global oil demand growth ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...
U.S. election. We look at United States Oil Fund, LP ETF (USO) and how it may react in the current environment.
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
As Big Oil has been boosting production, it has been adding to global supply and frustrating OPEC+’s efforts to control oil ...
The price of crude fell from almost $138 per barrel in January 1981 to about $30 by March 1986. In August 1990, Iraq invaded ...
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last ... prices and weakening refining margins,” Aramco said. Profit for the first nine ...
The Russian government’s revenue from the oil industry fell by 29% in October from a year earlier due to lower crude prices and higher ... rubles ($10.7 billion) last month compared with 1. ...
Argentine state oil company YPF blew past expectations with a third-quarter net profit of $1.47 billion posted on Thursday, ...