Oil prices edged lower as rising U.S. inventories, Chinese stockpiling, and new projections of a global supply surplus reinforced a bearish outlook for crude.

Crude oil inventories in the United States increased by 600,000 barrels during the week ending November 28, after adding 2.8 ...

Gasoil crack spreads have surged to a 21-month high above $34/bbl as distillate markets tighten, even while crude prices remain weak near $63 Brent and $59 WTI.

Gas prices in the U.S. fell below $3 a gallon for the first time since May 2021, with record oil output keeping prices low ...

Gas prices have dropped below $3 a gallon to their lowest level in more than four years. The national average for regular ...

The most significant contributor this quarter was inventory gains at OMCs. In oil & gas, companies buy crude at a certain ...

Enverus warns U.S. shale is entering a new era of higher costs. Breakevens may rise from ~$70 to as much as $95 per barrel by the mid-2030s as core inventory depletes. Permian shale growth slows while ...

Oil prices held largely steady in Asian trading on Wednesday, recovering slightly after a sharp drop in the previous session.

Oil prices started the week off higher but faltered as a result of continuing concerns over a glut in the near-term and the ...

November Nymex natural gas (NGX25) on Thursday closed down by -0.106 (-3.07%). Nov nat-gas prices retreated on Thursday from a greater-than-expected build in weekly nat-gas storage. The EIA reported ...

The national average price of gasoline has fallen under $3 a gallon for the first time since May 2021 and each state saw a ...