The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
UK consumer confidence is falling ahead of the Budget, warns BRC, following warnings of tax rises next month. UK ...
U.S. crude exports to Europe reached around 2.2 million barrels per day in the 12 months to June 2024, reinforcing the global ...
Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel, while U.S. West Texas Intermediate crude futures ...
Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand ...
Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
West Texas Intermediate (WTI) futures fell a cent to settle at $68.17. The U.S. benchmark tumbled 7% in September in its ...
Goldman Sachs warns that the escalating conflict between Israel and Hezbollah could lead to a significant spike in oil prices if the Strait of Hormuz is closed.
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...
The surge in U.S. crude oil exports has made WTI Midland a more influential benchmark in the global oil market, leading to ...