The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply for the second week in a row, this time gaining an additional ...

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $65.64 per barrel, ...

The American Petroleum Institute reportedly shows another surprise build of 19.1M barrels of oil in US commercial stockpiles for the week ending July 11.

Editor’s Note: While the API initially reflected a huge crude build, Reuters data released shortly after painted a starkly ...

At the time of writing, WTI is trading above $65.00 with daily losses of 0.55%. Traders are digesting the latest supply ...

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...

In the context of carbon neutrality, oilfield enterprises have the difficult task of increasing the rate at which clean energy is utilized, enhancing electrification, decreasing the unit consumption ...