Oil futures settled Monday at their highest in more than a week, with President Joe Biden’s decision to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia ...
Energy was the S&P 500’s top sector as crude oil prices rebounded in response to growing geopolitical tensions. With the market benchmark up 0.3%, roughly 327 S&P 500 stocks were on the rise. The Dow ...
Comparing Devon with one of its oil and gas exploration and production peers, Diamondback Energy (NASDAQ: FANG), helps to ...
There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...
The EIA confirmed a small crude build, but the real surprise this week were strong draws in gasoline and distillate stocks ...
UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.
Nearly 200 nations gather this week for COP29, the annual United Nations climate summit, in the latest international push to ...
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance ...
"Too Much Oil: How a Barrel Came to Be Worth Less Than Nothing." BBC News. "US Oil Price Turn Negative as Demand Dries Up." ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...