Brent crude tops $112 as U.S. and Israel reportedly weigh renewed Iran strikes
Brent crude topped $112 a barrel on Thursday after reports that the U.S. and Israel are drawing up plans for…
Oil News (WTI)
Latest WTI crude oil news — price movements, OPEC+ production decisions, US inventory data and energy market analysis.
US Crude Oil
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Big Oil Expects Record Profits but Keeps Spending in Check
Oil majors are expected to report profit jumps of 84% to 158% for the third quarter. Yet they are likely…
Oil edges higher as Russia-Ukraine talks and Middle East risks collide with a US crude draw
Oil prices were slightly higher on Wednesday as traders weighed possible Russia-Ukraine diplomacy against a lack of breakthroughs in Pakistani-Iranian…
Saudi air defenses intercept drone aimed at Shaybah oilfield
Saudi Arabia's energy ministry says its air defenses intercepted a drone aimed at the Shaybah oilfield. No damage or operational…
Russian oil tax price runs 60% above budget assumptions in October
The rouble-denominated price of Russian oil used for tax calculations has averaged about 60% above the federal budget assumption so…
