Browsing: Market News

The U.S. government has now officially shut down after Republicans and Democrats failed to come to an agreement on a…

The headquarters of the Abu Dhabi National Oil Co. (ADNOC), right, and Etihad Towers, center, surrounded by residential and commercial…

Oil prices recovered slightly in early Asian trading on Wednesday after two straight sessions of steep declines, as traders weighed…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by another 3.674 million barrels…

Watching the $61.84 – $62.31 Zone The day’s low also aligned with the upper end of a $61.84 to $62.31…

Shotbydave | E+ | Getty ImagesU.S. oil companies are cutting jobs by the thousands as they respond to falling crude…

The U.S. Energy Information Administration just delivered a statistical shock: July’s monthly data shows U.S. total liquids output hitting a…

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OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil…

U.S. oil firm Sable Offshore Corp, which seeks to restart production offshore California via a pipeline to the coast, has…