Aside from the physical groundwork of gathering and processing oil, market factors are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and dynamics, ...

Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...

Oil prices saw a slight increase on Friday but are heading for a weekly loss due to potential OPEC+ output increases and hopes for a Russia-Ukraine ceasefire. These factors could boost supply while ...

Is the response potential of U.S. supply asymmetric to rises and declines in prices? What effect should this be expected to have on oil price volatility? What, if anything, can we infer from the ...

In an indication of future supply, the number of oil-directed drilling rigs rose by 2 to 483 in the week to April 25, data from oil services firm Baker Hughes showed on Friday. Reporting by ...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply ...

Oil prices are expected to end the week with a decline following reports that OPEC+ may increase output and due to positive developments regarding the situation in Ukraine. OPEC+ is considering ...

At 10:24 GMT, Light Crude Oil Futures are trading $64.46, up $0.79 or +1.24%. Prices were buoyed by a mix of bullish supply-side headlines. The U.S. imposed fresh sanctions on an Iranian shipping ...

Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ceasefire in the Russia-Ukraine war may raise supply at the same time ...

At 11:07 GMT, Light Crude Oil Futures are trading $61.94, down $0.85 or -1.35%. Will Ongoing Supply Concerns Drag Oil Prices Lower? Oil is heading for a weekly loss of over 2% as oversupply fears ...