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Chevron, Exxon plan to keep boosting oil production, even as crude gets cheaper. What gives?
Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil ...
A buildup of U.S. military forces in the Caribbean Sea are raising concerns about a potential strike on Venezuela, which is ...
CNBC's Steve Sedgwick and Julianna Tatelbaum break down the market moves in what has been a volatile week for crude prices, ...
The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a ...
Oil prices moved higher yesterday, settling just shy of 0.5% higher, despite a bearish weekly Energy Information ...
OilPrice.com on MSN
Floating Oil Storage Surge Puts Market Balance on Edge
In Asia, oil in floating storage soared by 20 million barrels over the past two months, to reach a total 53 million barrels, ...
Crude oil price edged higher on Monday amid optimism over the reopening of the US government and the subsequent surge in domestic oil demand.
Crude oil rallied early Friday but quickly surrendered most gains as the 50-day EMA capped the advance. Persistent overhead ...
Crude oil surges 2% as a Russian port attack disrupts supply. Bullish chart signals point to further gains if prices hold ...
WTI now trades between the $55 support zone and the descending trendline near $61. A breakout would require a close above $62 ...
Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.
OilPrice.com on MSN
China's $468 Billion Energy Drive Sparks Global Oil Market Shakeup
China's state oil giants are ramping up domestic production and stock-building to secure energy self-sufficiency, threatening ...
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