Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving traders a day after the country reported a much bigger-than-anticipated jump in ...

Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...

Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...

The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.

The latest Energy Information Administration data showed U.S. commercial crude oil stocks jumped 8.7 million bbl for the week ended Friday. Gasoline inventories also jumped 2.2 million bbl, while ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia" ...

By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...

Oil rose though gains likely reflected a technical correction, while Trump’s tariff threats could disrupt energy flows, raise consumer prices and ultimately destroy consumption.

If WTI oil settles below the $78.50 level, it will move towards the nearest support in the $77.00 – $77.50 range. Brent oil is under pressure amid broad pullback in the oil markets. U.S. dollar ...

The EIA highlighted in the STEO that its forecast was completed before the United States issued additional sanctions targeting Russia’s oil sector on January 10. “For all of 2024, the Brent ...

stating that the US is ready to impose stronger sanctions on Russian oil companies. Brent crude futures for March delivery fell 0.9%, or $0.74, to $81.29 a barrel. Meanwhile, futures prices for US ...