Oil prices finished lower on Wednesday as uncertainty continued to surround President Donald Trump’s policy moves in the energy sector. Trump’s “drill, baby, drill” ...

Prompt U.S. oil futures also rose relative ... suggests ample supply and is called contango. "The tighter crude market is unmistakenly mirrored in the deepening Brent backwardation," Varga added.

(Bloomberg) -- Oil surged ... attractive. Brent also rose, settling above $73 a barrel. Meanwhile, the two nearest futures for West Texas Intermediate crude flipped into a bearish contango ...

Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the ...

Leading global investment bankers Morgan Stanley and HSBC also revised down their expectations for an oil market surplus next year. It forecast a Brent crude price of $70 per barrel, following ...

Trump is driving uncertainty in oil markets as he pressures OPEC to boost production while threatening some trade partners ...

Gas Oil is at its highest level since tracking began in May 2023. Corn broke through the downward trendline in early November ...

And yet here the oil market stands at the close of 2024 at about $70-$73 a barrel. A year ago on the final trading day of the year, global crude benchmark Brent settled at about $77 a barrel.

Oil eased slightly in early trade after rallying to a multi-month high as the market weighs the impact of U.S. sanctions on Russian supplies.