Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Cierra Murry is an expert in banking, ...

The U.S. is preparing to intercept a sanctioned oil tanker tied to Venezuela as it attempts to escape U.S. control at sea, ...

PALM BEACH, Florida Jan 3 (Reuters) - President Donald Trump said that American oil companies ‌were prepared ​to tackle the ...

The world still depends heavily on oil as a major source of energy. It plays a crucial role in powering industries such as ...

Venezuela holds the world's largest proven oil reserves, surpassing Saudi Arabia with around 303 billion barrels of crude oil.

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The API report is based on voluntary survey responses from its members, which include ...

Forecasts of an oil glut clash with reality. Prices stay stable because sanctions on Russia and China’s ongoing crude imports/storage keep supply-demand tighter than forecasters assume. With OPEC+ ...

Standard Chartered: U.S. Oil Producers Are Under-Hedged for 2025-2026. A survey by Standard Chartered found that independent oil producers have hedged only 21% of their 2025 output. In contrast, ...

Both API and EIA reports can influence crude oil prices, though the API is often used as a preliminary indicator. The EIA report includes crucial refinery utilization data, providing deeper insights ...