Oil prices inched higher on Thursday, extending gains from the previous day as a larger-than-expected draw in U.S. crude stocks signalled firm demand, while investors remained cautious about the ...

An oil sketch that has long been dismissed as a “crude imitation” of Rembrandt’s work has now been revealed to be the real deal. The collector and curator Abraham Bredius acquired the ...

Brent crude is up 0.6% at $84.13 a barrel, while WTI rises 0.7% to $79.56 a barrel. Still, analysts say a broader weakness in the market is increasing the likelihood that OPEC+ will roll over cuts ...

Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.

NEW YORK (Reuters) -Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin ...

Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25.

The other factor driving the draw on crude inventories was strength in exports of refined fuels, which rose to 5.31 million metric tons in July, up 17.7% from June and 55.8% from July last year.

Crude oil futures rise as the EIA reports a much bigger-than-expected 9.2 million-barrel draw on crude stocks for last week, including a 2 million-barrel reduction at Cushing, Okla., the Nymex ...

The other factor driving the draw on crude inventories was strength in exports of refined fuels, which rose to 5.31 million metric tons in July, up 17.7% from June and 55.8% from July last year.

Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global inventories in thin trading ahead of the U ...