Crude oil inventories in the United States shed 8 million barrels last week, the Energy Information Administration reported a day after the American Petroleum Institute estimated an 8-million-barrel draw that pushed oil

Oil futures nearest to delivery on the New York Mercantile Exchange and the Brent contract on the Intercontinental Exchange reversed off 5-month lows to rally into Monday’s close, pushing up

Oil prices headed upwards on Tuesday, October 27 after the upgrading of Tropical Storm Zeta into Hurricane Zeta. Although some companies, such as Chevron, had already started to evacuate non-essential

Oil extended gains after House Speaker Nancy Pelosi said a stimulus deal is close to being reached in Washington. Futures in New York rose as much as 2.2% on Thursday.

Crude oil prices on Monday rose by Rs 10 to Rs 3,005 per barrel as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil

A day after the American Petroleum Institute estimated a crude oil inventory draw of 5.421 million barrels, the Energy Information Administration strengthened the mood by reporting an inventory draw of 3.8 million barrels for

Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced a further 30% acquisition of PEDL241, containing the conventional, drill-ready, North Kelsey Prospect,