Some argue that financial speculation plays a role larger than supply ... with oil producers, buildup of strategic reserves, domestic price controls, and efforts to reduce domestic oil use.

The main Texas power grid is poised to experience rapid changes in the next five to six years as a flood of artificial ...

driven by the latest U.S. oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washington’s double-down on oil sanctions against Iran and Venezuela.

1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to ...

NEW YORK (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world’s economy.

Laith Khalaf, of investment platform AJ Bell, said: “Supply chain disruption could also ... an enormous shift in US economic policy.” Oil prices have plummeted in response to Trump’s ...

Global oil prices rose on Trump's indirect tariffs as they raise supply concerns. US President Donald Trump has announced an unexpected tariff that would hit China. On Monday, Trump introduced ...

Stronger than expected drop in US crude stocks last week (API report) contributed to the latest acceleration higher, as oil remains supported by growing concerns about potential supply shortage ...

buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the U.S. threat of tariffs on nations buying ...