Oil prices edged higher on Monday, supported by a weaker U.S. dollar but gains were capped by concerns about the
The recovery from the pandemic is quickly accelerating, at least based on red-hot demand in the oil market.
The International Energy
In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of
The U.S. and other world powers haven’t made much progress in reaching a new nuclear deal with Iran, but with
The oil market continues to surprise, with WTI apparently firmly above $60, a level that could be equated with the
A severe cold spell in mid-February knocked out a third of U.S. oil refining capacity, according to data compiled by
China’s daily crude oil throughput surged 19.7% in March from a year earlier, as refiners ramped up operations to meet
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures
The upward trend in oil prices are expected to strengthen in coming weeks as stronger demand outlook and signs of
Crude prices appear to have found a temporary equilibrium in recent weeks, with OPEC+ planning to add just enough extra