Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...
The number of active rigs drilling for oil and gas in the U.S. rose by 2 to 588 for a third consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase, Baker Hughes ...
Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...
Short sellers increased their bearish bets against S&P 500 oil and gas stocks in January compared to a month ago. In January 2025, the crude oil futures ticked up by 0.8%, compared to a near 5% rise ...
-- West Texas Intermediate crude CL00 for March delivery CL.1 CLH25 rose 45 cents, or 0.6%, to $71.74 a barrel on the New York Mercantile Exchange, on track for a weekly gain of 1%. -- April Brent ...
Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U ...
Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...