The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level could soon be breached for a variety of reasons. The remarkable recent ...

JPMorgan says it's unlikely Iran will close Strait of Hormuz Oil prices were flirting with four-month highs early Thursday as traders continued to show concern that the Israel-Iran conflict could ...

More than 50 years since the oil spill near Santa Barbara, a look back at one of the worst ecological disasters in the country.

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released recently, the world produced an average of 76.10 million barrels of crude ...

The escalating conflict between Israel and Iran has sent oil prices higher over the past few days. If history is anything to go by, the pressure it’s putting on global energy costs will fade ...

LONDON, Oct 16 (Reuters) - The International Energy Agency continues to forecast a significant supply glut in the oil market, but uncertainty over the whereabouts of almost 1.5 million barrels per ...

Oil could see a decline to a "much, much" lower price, according to crude analyst Tom Kloza. Oversupply will weigh on oil prices in 2025, Kloza predicted. Other forecasters have also made ...

What is the price of crude oil today? WTI futures traded at $74.12 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 0.93%. Brent futures traded at $77.75/bbl, an increase of 1.46% ...

China has boosted domestic crude output from 3.8 million b/d in 2020 to 4.3 million b/d in 2025 — just as foreign investors ...

The U.S. ‌government ​carried out its seizure ‌of the M/T Skipper off the coast of Venezuela ​on Wednesday just as a ...