Oil slips 1% after Fed disappoints, U.S. crude output rises
Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes...
Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes...
The U.S. may be backing itself into a corner, the commodities watcher says.
The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to cho...
Crude oil prices won't climb higher unless they stay above the critical $60 level, says Louise Yamada of Yamada Tec...
U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexic...
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd...
The United States exported a record amount of crude oil last week, as output from the nation's shale fields continu...
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanction...
Brent crude rose to a four-year high on Wednesday, as the market focused on upcoming U.S. sanctions on Iran while shrugg...
Oil prices rose on Tuesday on escalating concerns over potential supply shortages, with Brent crude leading the way as h...