News

EIA projects WTI under $60 in Q4 and under $50 through most of 2026, as Enverus flags downside risk from oversupply and ...
Since 20 June 2025, the drawdown of US crude oil inventories (excluding SPR) has slowed down from -9.9% y/y to -1.3% y/y as ...
State refiner Indian Oil Corp (IOC) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery ...
Rystad Energy analysts report WTI faces challenges from OPEC+ exports, refinery maintenance, and quality mismatches, ...
WTI crude futures remain trapped below the 50-day MA at $62.40, with no strong catalyst to break resistance. A breakout above $62.59 could target $64.40–$66.66, but traders need a decisive ...
Physical oil traders are increasingly turning to futures contracts that deliver supplies to the export hub of Houston, taking ...
In case WTI oil stays above the $71.00 level, it will head towards the resistance level, which is located in the $73.00 – $73.50 range. Brent Oil Brent Oil 130225 Daily Chart ...
WTI crude oil futures were higher but momentum was now turning bearish, based on the technical chart.
The WTI contract is on track for the weekly loss of over 4% (the biggest weekly fall since the third week of June), following previous week’s strong upside rejection at psychological $100 barrier and ...
Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.
SandRidge reports strong Cherokee well results with 2,300 BOEPD (49% oil), reduces LOE by 21%, and eyes potential Cherokee ...
Occidental Petroleum ( OXY -1.10%), also known as Oxy, is an energy company specializing in oil and natural gas exploration, ...