News

U.S. Crude Oil Inventories Rise for Second Straight Week
U.S. crude oil inventories rose for a second consecutive week, climbing 2.6 million barrels, amid an increase in net imports.
Crude oil adds to four-year lows; Goldman warns oil below $40 possible in 'extreme' scenario
Crude oil futures surrendered early gains and fell for a fourth straight session, with WTI and Brent futures both hitting ...
US crude stockpiles rise as exports hit Jan lows, EIA data shows
U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline ...
The trade war is clobbering energy markets, with oil hitting its lowest price in 4 years
Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...
Oil prices fall, then recover, after Trump announces 90-day tariff pause -- excluding China
Oil prices rose to a gain after sinking to a four-year low Wednesday morning in anticipation of slowing economic growth and ...
CVX, XOM, SHEL: Oil Prices Fall Below $60 a Barrel as Recession Fears Spike
The price of crude oil in America has fallen below $60 a barrel as fears grow that President Donald Trump’s tariffs will push ...
Crude oil's demand woes shown by softer Q1 Asia imports
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent surprise supply hike could cause a surplus.
U.S. crude oil closes below $60 per barrel as selloff continues on fears of full-blown trade war
The market faces a "toxic cocktail" of recession fears and the decision by OPEC+ to increase production, said Helima Croft ...