Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in ...
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How Low Oil Prices Saved America From Inflation
The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...
U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...
Oil prices inch higher but stay on track for a weekly loss
On average, analysts expected a climb of 1.5 million barrels in crude supplies for the week, according to a survey conducted by S&P Global Commodity Insights. Late Wednesday, the American Petroleum ...
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...
Devon Energy sees US crude oil at $60-$80 per barrel for foreseeable future
Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...