Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...

West Texas Intermediate (WTI) futures fell a cent to settle at $68.17. The U.S. benchmark tumbled 7% in September in its ...

"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...

Oil futures ended Monday with losses for the session, month and quarter, pressured by expectations that major oil producers will boost production in December - leading to a surplus of supplies as the ...

All prices are calculated based on the settlement price of the current front month contract.

Chicago has seen some refinery restarts and spot numbers have tumbled by more than 16cts/gal. Outsized basis premiums were witnessed for much of September but gasoline fetched a premium of just ...

This past month’s movements in oil prices seemed rather severe. Only a few weeks ago, some were talking about Brent oil ...

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.

The UAE Fuel Price Committee has announced a reduction in petrol and diesel prices for October 2024, reflecting the recent ...

The West Texas benchmark has declined more than 7% for the month, while global benchmark Brent has fallen about 9%.

Oil rose after Israel’s killing of Hezbollah’s leader, Hassan Nasrallah, added to regional tensions, and investors priced in ...

U.S. crude exports to Europe reached around 2.2 million barrels per day in the 12 months to June 2024, reinforcing the global ...