Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...

since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development ...

At that time, the price of crude oil fell by more than half in under a year, reaching lows that had not been seen since the last global recession. At the time, many oil executives believed it ...

The US oil market seems to be easing. The signs since our last report, tend to point to that direction, as on Friday we saw the Baker Hughes oil rig count showed a reduction of active US oil rigs, ...