Crude oil pricespared most of their gains on easing geopolitical tension. It hit a low of $70.20 and currently trading around ...

Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...

Signals flashing ample crude supplies overshadowed U.S. threats to curb Iranian oil exports, sending prices down for a fourth consecutive week. West Texas Intermediate fell three of five trading days ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

Russia's oil production may decrease due to U.S. sanctions affecting tanker access and Ukrainian drone attacks crippling ...

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...

Gasoline inventories reportedly show a draw of 2.5M barrels for the week, distillate inventories show a draw of 590K barrels, and stockpiles at the Cushing, Oklahoma, storage hub show a build of ...

With a limited supply of sanctions-proof cargoes, discounts for Russian Urals crude to dated Brent have narrowed to ...