The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with ...

The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic ...

The DOE said it has bought more than 50 million barrels so far at an average price of $76 a barrel. The SPR held 380.6 barrels of oil as of Sept. 13, according to the U.S. Energy Information ...

Crude futures rose Tuesday as renewed tensions in the Middle East added to hopes that an interest rate cut from the Federal Reserve would support demand for oil. The oil market is bracing for the ...

Claims about refilling the Strategic Petroleum Reserve are examined. Explore the truth behind the headlines and the reality ...

The analysts have lowered the forecast for average Brent crude oil in 2024 by $4 to $80 per barrel, with the forecast for Q4 2024 lowered to $75 per barrel from $83. UBS now sees Brent averaging $ ...

The 274-meter long vessel had departed from Iraq and was destined for a port near Athens, carrying 150,000 tonnes of crude oil. "The Huthis' continued attacks threaten to spill a million barrels ...

Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this small rise is a much larger story unfolding in the oil markets.

Oil is a global commodity. The U.S. Energy Information Administration (EIA) estimates the world's demand for oil at more than 101 million barrels per day in 2023, an all-time high. Projections for ...

Commercial crude oil stockpiles are seen down by 700,000 barrels at 424.5 million barrels in the week ended Aug. 30, according to the average estimate of 10 analysts and traders. Four analysts predict ...

Crude finds support after Francine disrupts output in Gulf of Mexico Oil futures rose Friday ... 1 CLV24 rose 79 cents, or 1.1%, to $69.76 a barrel on the New York Mercantile Exchange, on track ...