The price of crude oil dropped around 0.8% on Tuesday, to about $67.8 per barrel, whereas Brent crude oil also fell 1.4% to around $70.6 per barrel. This was after the OPEC+ committee revealed ...

Crude oil stocks, not including the SPR, stood at 430.2 million barrels on February 21, the EIA's latest weekly petroleum status report showed. Image by Mst Khotaja Begum via iStock U.S ...

At 11:22 pm ET, Brent crude was trading down $1.48 (-2.07%) on the day at $70.14—a nearly $3 per barrel dip from this time last week and a $6 per barrel drop over the last two weeks. Oil prices ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Mexico’s Pemex booked a 44% decline in crude oil exports last month, to some 530,000 ...

The estimates were based on the four-day trading in the global oil market. Oil Industry Management Bureau assistant director Rodela Romero traced the expected adjustments to “growing signs that ...

The unexpected drop in inventories could have significant implications for the oil market and the overall economy. Market participants will be closely monitoring the next report to see if this ...

Oil prices fell on worries stoked by the White House meeting, tariffs and Iraq's decision to resume exports from the Kurdistan region. European shares ended flat but still notched another weekly gain.

HOUSTON (Reuters) -Oil prices fell on Friday and were headed for their first monthly drop since November, as markets watched an Oval Office argument between the U.S. and Ukrainian presidents while ...

NEW DELHI : Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand from Washington's tariff threats and further ...

according to data compiled by LSEG Oil Research. Sign up here. The drop of about 3% in crude imports by Asia in the first two months of this year from the same period in 2024 brings into question ...

Oil prices dropped again on Tuesday as traders faced up to a double whammy of new tariffs and plans to boost production in a number of OPEC countries. Brent crude futures, the international ...