WTI

Brent, WTI prices steady below 3-year high ahead of EIA supply data

Crude prices were little changed in early action on Wednesday, steadying below the more than three-year highs reached the previous…

Oil price remains close to three-year highs as ongoing supply cuts reduce inventories

Oil prices were firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually drawn…

Who benefits from OPEC production cuts? The U.S.

The Saudi crown prince Muhammed bin Salman has been undertaking a weekslong U.S. charm offensive. One of the key themes…

Oil prices slump as China, U.S. trade tensions continue

Oil prices were lower on Friday, as geopolitical tensions continued between the U.S. and China. Crude oil futures fell 0.38…

Oil prices extend gains amid increased Russian production

Oil prices inched forward on Tuesday, as a slow down of U.S. production outweighed concern over increased Russian output. West…

Oil prices to rise in 2018 as OPEC wages tug-of-war with U.S. shale, poll shows

Oil prices are likely to rise this year thanks to supply disruptions and an OPEC-led deal to limit production, but…

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