Net retail buying of oil ETFs hit a record $211 million on March 12, surpassing the previous peak seen during the market turmoil in May 2020, according to Vanda Research.
The Trump administration is considering intervening in oil markets to push down prices, despite warnings that it would risk a ...
The oil market is worried that Gulf countries will have to shut production if tankers are unable to pass through the Strait ...
The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.
LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ...
ORLANDO, Florida, March 11 (Reuters) - Oil prices rose sharply on Wednesday despite a record release of global crude reserves, stoking inflation fears and lifting two-year Treasury yields to the ...
Traders faced some of the wildest commodity trading on record, whipsawing oil prices and market swings ...
Oil has become the momentum trade of choice on Hyperliquid, the crypto exchange fast emerging as a round-the-clock venue for ...
The move will allow additional firms to join in the U.S.-controlled effort to sell Venezuela’s oil. The Treasury Department on Thursday issued a general license authorizing companies to transport and ...
When the oil trading community descended on London for its annual International Energy Week jamboree last week, the bears outnumbered the bulls, probably by three-to-one. They fought about supply.
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