U.S. action in Venezuela has renewed focus on the country’s vast oil reserves, heavy crude challenges, and the expropriations ...

Crude oil is flashing a strong long-term buy signal based on extreme money manager short positioning. Historical patterns show that high short-to-long ratios in oil futures reliably precede extended ...

WTI Crude Oil Technical Analysis The light sweet crude oil market has rallied a bit during the early hours on Friday as we continue to try to build a bit of a floor in this market. The $55 level seems ...

Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a modest 600,000 barrels in the week prior, according to new data from the U ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 million barrels in the week ending December 5. Crude oil inventories shrank by ...

LAUNCESTON, Australia, Dec 16 (Reuters) - China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports overwhelmed steady refinery processing ...

1546 ET – Oil futures extend gains post-market after the U.S. seized an oil tanker off the coast of Venezuela in what’s seen as an escalation of tensions between Washington and Caracas. A Pentagon ...

After spending nearly $50 billion to expand the country’s Tengiz oil field, Chevron and its partners encounter more ...

HOUSTON/SINGAPORE, Dec 10 (Reuters) - Oil buyers in Asia are demanding deep discounts on Venezuelan crude due to a flood of sanctioned oil from Russia and Iran on offer and to heightened risk of ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP Light crude oil futures finished higher on Friday, offering bullish traders a constructive setup near a multi-month low in the ...

Both West Texas Intermediate crude and the key benchmark for international oil prices are in position to close at the lowest levels in nearly five years. Renewed hopes for a cease-fire between Russia ...

0808 ET – The U.S. blockade of oil tankers in and out of Venezuela implies limited upside risk for oil prices, “not least because even a full loss of Venezuela’s exports would still be consistent with ...