The EIA attributed the expected slowdown in production to lower oil prices. It estimates Brent crude will average $56 a barrel this year, down from $69 a barrel in 2025. U.S. benchmark West Texas ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.

I asked how low crude oil can prices fall in a November 6, 2025, Barchart article, where I concluded with the following: NYMEX crude oil’s price remains above the $55 support level in early November ...

Almost every day, an oil tanker arrives off the coast of Guyana to pick up a cargo that could reach a buyer practically anywhere on the planet. The stream of shipments is all the more remarkable ...

Crude oil and refined product futures contracts were again trading lower late Tuesday morning and U.S. crude oil contracts slipped below $55/bbl for the first time in nearly five years. Petroleum ...

December WTI crude oil (CLZ25) on Thursday closed down -0.17 (-0.29%), and December RBOB gasoline (RBZ25) closed up +0.0563 (+2.95%). Crude oil and gasoline prices settled mixed on Thursday, with ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a dip of 2.8 million barrels in the week ending January 2. Crude oil inventories rose by 1.7 ...

Both West Texas Intermediate crude and the key benchmark for international oil prices are in position to close at the lowest levels in nearly five years. Renewed hopes for a cease-fire between Russia ...

LAUNCESTON, Australia, Nov 11 (Reuters) - The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a move to build market share amid ...