U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the U.S. Energy Information Administration (EIA) said on Wednesday.

French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude ...

Markets are being sent lower as traders wait to see the impact of Trump's pro-energy policies. The newly inaugurated president has signed executive orders aimed at boosting U.S. production and has ...

In its last weekly release, Baker Hughes Company BKR stated that the U.S. rig count was lower than the prior week’s figure. The rotary rig count, issued by BKR, is usually published in major ...

This would normally lead to even lower gas prices. However, something to keep an eye on is rising crude oil prices. West Texas Intermediate (WTI) crude is up $6 per barrel since the start of the year.

US West Texas Intermediate crude (WTI) settled up $2.54 or 3.28% at $80.04 a barrel, the highest since July. In post settlement trade, Brent rose to the highest since July and WTI gained more than $3 ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate ... nations who collectively decide production quotas for member countries at twice ...

US West Texas Intermediate crude (WTI) settled up US$2.54, or 3.28 per cent, at US$80.04 a barrel, the highest since July. In post settlement trade, Brent rose to the highest since July and WTI gained ...

At the time of writing, the price of West Texas Intermediate crude oil on the New York Mercantile ... stocks increased by 3.1 million barrels. Production in the US remained largely steady in ...