Oil prices edged up in Asian trading on Tuesday, reflecting the interplay between tightening supply and evolving geopolitical events. While production cuts announced by Russia buoyed prices, the UN-brokered ceasefire
Stay informed on the latest trends, market conditions, and economic indicators shaping the production, consumption, and pricing of crude oil in the USA
Oil prices experienced a notable surge of 2% on January 23, driven by growing concerns over global energy supplies. The market reacted to a Ukrainian drone strike on Russia's Novatek
WTI markets (The West Texas Intermediate) is currently demonstrating a sustained negative trajectory. That comes for the third consecutive day as of Wednesday. It is trading at a level near
Crude oil Stabilizes in a moderate way At the outset of the week. Albeit with a marginal reduction observed during the Asian trading session. The prevailing market sentiment remains marked
In the most recent Weekly Petroleum Status report released by the Energy Information Administration (EIA), US crude oil inventories exhibited a significant decline of 6.3 million barrels. This unexpected drop
