OIL prices settled lower on Thursday after US President Donald Trump repeated a pledge to raise US oil production, unnerving ...
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.
Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
The crude oil market is somewhat positive in the early hours of Thursday, but we have the inventories number, and the jobs number over the next 24 hours that could move things.
Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains ...
DONALD TRUMP likes oil—and oilmen. He gushes about “liquid gold” with as much ferocity as Spindletop, an oil well that spat ...
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over ...
Asian shares were trading mostly higher Thursday, after a Wall Street rally that followed profit reports from major companies.