As the war has wound down and the US and Iran continue ongoing negotiations, ship traffic through the Strait of Hormuz has ...
Oil prices are finally heading lower — but that may mean a new problem for investors and the Federal Reserve.Cheaper crude ...
Brent crude oil has erased its entire war premium, falling 40% from its March peak to test key pre-war support near $72.
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Saudi Arabia appears ready to tolerate lower oil prices. Manufacturing is a big part of MBS’ ...
The Energy Information Administration released monthly oil production today for April and here are some of the highlights of that report: 1. Despite low oil prices that averaged $54.45 per barrel in ...
Exxon Mobil was upgraded to Buy as oil inventories and SPR hit multi-decade lows. Click for more on XOM stock.