Crude oil fell over 5% as US-Iran tensions eased. OPEC+ supply pause and bullish speculative positioning temper the outlook.
There’s little hope of finding 11 workers missing since Tuesday’s explosion on the oil-drilling rig Deepwater Horizon in the Gulf of Mexico. BP PLC, the company that leases the rig, is leading the ...
West Texas Intermediate oil fell below $55 a barrel for the first time since February 2021 on signs that supply is outpacing demand, while progress in Ukraine peace talks could lead to a deal that may ...
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