The downgrade marks the first Sell equivalent rating XOM has received in more than a year, with analysts predicting a further ...
NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply ...
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
U.S. oil production climbed by 100,000 barrels to 13.4 million barrels per day in the latest week, the EIA said, while crude stocks at the Cushing, Okla., Nymex delivery hub edged up by 1.2 million ...
Global oil demand likely to increase by 1.2 million bpd to 104.3 million bpd in 2025, lower than earlier forecast, EIA says ...
China said on Tuesday it was "fully confident" of achieving its full-year growth target but refrained from introducing ...
U.S. stocks are holding relatively steady following the latest scary swerves for Chinese markets. The S&P 500 slipped 0.1% in ...
The predicted rise in forecourt prices comes as the amount paid by drivers for petrol has fallen by 15.5p since the start of ...
Oil prices erased early gains today as weak demand fundamentals and rising supply countered elevated risk of supply ...
The U.S. Energy Information Administration lowered its forecast for global oil demand growth in 2025 due to weaker economic ...
Crude oil futures dip as U.S. inventories surge 11M barrels, overshadowing Middle East risks and testing key $73.28 support ...