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, ...

Global crude prices rose more than 2% on Wednesday morning, just a day after dropping below $60 per barrel for the first time ...

Discover the methods that companies use for forecasting oil prices, including calculus, econometrics, and market influences like OPEC and futures trading.

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 ...

U.S. crude oil inventories fell last week as exports increased and refineries ran at a higher rate, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...

The fleet of ghost ships Venezuela uses to smuggle part of its oil to black markets, which President Donald Trump vowed this ...

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+ ...

The US seizure of a crude oil ship is the latest in a series of escalations in the Trump administration's pressure campaign ...

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, ...