Geopolitics and sanctions are causing crude to accumulate on the ocean.

Crude oil prices slipped last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($61.10/barrel) was down 4 ...

A closely watched slice of the U.S. oil market is sending increasingly clear signals that a supply glut may be forming, Bloomberg writes.  Physical traders are closely monitoring prices at the ...

Crude oil futures hover at the $69.23 mid-point as Ukrainian drone strikes and Venezuela tensions clash with Putin peace talks. Key levels in focus.

On Thursday morning, West Texas Intermediate (WTI) crude oil prices took a downturn, opening the European trading session at ...

Chile's state-owned energy company, ENAP, has signed a landmark agreement with four Argentine firms to import crude oil from ...

Forecasts of an oil glut clash with reality. Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter than forecasters assume. With OPEC+ ...

SILVER LAKE, Kan. • Despite countless stories of lower earnings, strikes, layoffs and bankruptcies throughout the oil industry, a growing group of adventuresome speculators have been quietly buying ...

What is the current oil price today? WTI futures traded at $69.97 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 4.72%. Brent futures traded at $73.97/bbl, an increase of 0.16% in ...

What is the current oil price today? WTI futures traded at $71.53 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 2.60%. Brent futures traded at $75.41/bbl, an increase of 0.13% in ...

US stocks slipped as mixed jobs data and an oil selloff hit sentiment. S&P 500, Nasdaq, and Dow fell as traders reassessed ...

If you look at history, you’ll find that only a handful of forces transformed civilization the way oil and energy did. […] ...