Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—fell by 980,000 barrels in the week after gaining a modest 100,000 ...

Oil futures settle lower for a second straight session with the market continuing to brush off U.S. threats of sanctions against Russia and returning focus to the likelihood of oversupply after the ...

Commercial crude oil stocks are seen unchanged at 426 million barrels in the week ended July 11, according to the average estimate of 10 analysts and traders. Six expect an increase and four predict a ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

OPEC is holding its global oil-demand forecast steady despite rising trade tensions, expecting demand to grow by 1.29 million barrels per day this year, The Wall Street Journal writes.  In its latest ...

The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum Reserve (SPR) with ExxonMobil ...

This rebound in activity signals a robust operational phase for the country's refining sector, with further strength ...