crude oil

The Latest

  • Asian Shares Follow Wall Street Lower As Inflation Worries Persist
     A man walks past the New York Stock Exchange on the corner of Wall and Broad streets in New York City.
    Investors speculated growing inflationary pressures could lead to earlier U.S. rate hikes
  • Mainland China, Hong Kong Indexes Higher After Record Day On Wall Street
    Asia shares
    Oil hit 13-month highs thanks to optimism about a return in fuel demand.
  • Asia Share Markets Get A Bump From Positive U.S. Data
    Asia share markets
    U.S. manufacturing activity expanded in July at its fastest in more than a year, giving investors in Asia a reason to buy.
  • Saudi Crude Oil Price Bump Highest World Has Seen In Two Decades
    OIL
    As lockdown eases, demand for crude oil starting to spike and so are the prices.
  • Oil On Recovery Road: WTI Jumps 90% in May
    FILE PHOTO: FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin
    WTI, the U.S. crude oil benchmark, is showing more signs of life with prices now at $35 per barrel.
  • Saudi Aramco Sees 25% Profit Plunge
    Saudi Aramco
    As expected, COVID-19 bit deep into operating results of Saudi Aramco, the world's most profitable company.
  • ConocoPhillips Trims $2-B Off Budget As Oil Continues To Drop
    OIL
    The company would also slash $500 million from quarterly stock-repurchase plan starting in second quarter
  • Saudi Arabia Launches Oil Price War To Punish Russia
    Equipment used to process carbon dioxide, crude oil and water is seen at an Occidental Petroleum Corp enhanced oil recovery project in Hobbs
    A crippling oil price war pitting OPEC against Russia was ignited by the latter's refusal to slash oil production to stabilize world prices.
  • OPEC, Member States Locked In Debate Over What They Should Agree On
    OPEC
    Time is running out for OPEC and its member states to manage the oil market disruption
  • China Promises To Slash Tariff Rates On US Goods
    US stocks
    Recent reports claimed that US stocks rose after China announced a cut on tariff rates on US goods.
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