Oil prices edged up on Wednesday, extending 2 percent gains recorded the previous day, on signs that markets are gradually tightening after years of oversupply, although the outlook for ... Read More
The US oil boom has changed the world’s geopolitics of energy, reducing the influence of the Middle East on oil prices, the American Petroleum Institute (API) said on Wednesday. ... Read More
The oil market got a bit of a shock late Wednesday, when the American Petroleum Institute’s supply data were released. U.S. crude-oil supplies as of the week ended Feb. ... Read More
The price of oil fell to near $103 a barrel Tuesday ahead of talks aimed at defusing tensions between the West and Russia over Ukraine. By early afternoon in ... Read More
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