Oil slips 1% on large build in US crude stocks; market watches Middle East
Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about 2% this week as traders factored in continuing conflict in the Middle East.
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Iran’s new budget for 2024-2025 significantly increases oil and gas revenues for the IRGC and other military groups, with 50% ...
2-Year U.S. Treasury Note Continuous Contract $103.156-0.086-0.08% 5-Year U.S. Treasury Note Continuous Contract $107.695-0.227-0.21% 10-Year U.S. Treasury Note Continuous Contract $111.063-0.281 ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Oil futures traded lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, ...
The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in ...
Saudi Arabia’s revenue from oil exports has slumped to the lowest in more than three years as sluggish demand growth weighs ...
Oil futures traded lower on Wednesday after the Energy Information Administration reported an unexpected rise in U.S. co ...
India's Finance Ministry is considering the removal of the windfall tax on domestic crude oil production due to declining ...
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