|Day's range||62.59 - 62.92|
Both the U.S. and China have a huge geopolitical interest in the upcoming Aramco IPO, which could have a major impact on the currencies of these global superpowers
Crude oil prices move higher on Thursday following an unexpected draw in inventories reported by both the EIA and API. The Department of Energy’s inventory report was released a day late due to the observance of the President’s Day holiday. Imports into the United States continue to decline, and demand for products remains robust. Domestic production in the U.S. actually declined in the latest week giving crude oil prices a boost.Technicals
In an attempt to profit from the U.S. shale boom, Saudi Aramco has considered the possibility of shipping US crude to Asia via its Motiva unit in Port Arthur
Oil prices rose on Thursday morning after the EIA reported a draw in crude inventories, while reporting a minor build in gasoline stocks
The Zacks Analyst Blog Highlights: Occidental Petroleum, Williams Companies, Marathon Oil, BP and ExxonMobil
Investing.com - Oil prices are down again Thursday morning in Asia, driven by a stronger dollar which outweighed the effects of a decrease in U.S. crude oil inventories.
As blockchain tech works its way into every industry across the globe, it seems that the multi-trillion-dollar oil industry is finally on board
While OPEC and Russia continue to feed the market with rumors of institutionalizing their relationship, the production cut deal is coming under pressure
Energy biggies Occidental Petroleum (OXY), The Williams Companies (WMB) and Marathon Oil (MRO) came up with strong earnings reports.
The American Petroleum Institute showed a fall in U.S. oil inventories by around 900,000 barrels last week, news reports said Wednesday. Official data from the Energy Information Administration are due ...
The boom in United States oil production is certainly a game changer for global oil markets, but can domestic infrastructure support further growth?