LONDON (Reuters) - Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure ...

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 ...

Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...

Israel has dispatched ground forces into southern Lebanon after pounding the Iran-backed militia Hezbollah with airstrikes for days, eliminating much of the group's leadership. "W ...

Global oil prices have been highly volatile this year, breaching $90 per barrel in April due to geopolitical tensions in the ...

Oil prices were little changed on Monday, but posted a 17% loss for the third quarter as fears that a widening conflict in ...

Trading firm Gunvor's CEO is confident the conflict in the Middle East will not impact oil supply, he said on Tuesday, adding ...

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

Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over ...

Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel, while U.S. West Texas Intermediate crude futures ...