Selling pressure spread into other commodity groups, raising significant fears of worldwide deflation. This tightened the correlation between affected commodities, including crude oil, and ...

The global automotive oil pressure valve market was valued at USD 2 Billion in 2021 and is expected to reach USD 2.12 Billion by the end of 2022. By 2032, the market is projected to grow to USD 3.5 ...

HOUSTON, Nov 6 (Reuters) - Oil prices settled lower on Wednesday as investors weighed a strong U.S. dollar against the potential that U.S. President-elect Donald Trump's foreign-policy plans could ...

Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

The planned closing marks the latest in a wave of U.S. refinery closures as motor fuel demand is expected to peak this decade and decline under pressure ... nine crude oil refineries with a ...

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What is the price of crude oil today? WTI futures traded at $68.17 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 7.18%. Brent futures traded at $71.87/bbl, an increase of 0.35% ...

Crude oil prices began the week with a loss, after Israel’s retaliatory strike against Iran failed to inflict substantial enough damage, according to the Iranian side, thus reducing the risk of ...

Per a statement by the National Oil Corporation of Libya, Italy’s Eni resumed exploratory drilling in the Ghadames Basin last weekend. The company operates the exploration block where it is ...