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Julius Baer expected oil to trade towards $60, maintaining its neutral view, adding that prices were expected to face some near-term pressure.

Oil prices extend losses in afternoon trade, dropping as much as 2% as prospects of an oversupplied market weigh on sentiment. Brent crude is down 1.8% to $67.99 a barrel, while WTI falls 2% to $64.43 ...

Most spot markets are rading against November, and premiums on the West Coast are strong with Los Angeles up to a 52ct premium. Although Gulf Coast CBOB is at a discount to futures, the discount has ...

Oil futures added to Wednesday's gains following the large export-led drawdown in U.S. crude oil inventories. U.S. Natural Gas Picks Up Ahead of Storage Report U.S. natural gas futures were higher ...

Oil futures were mixed in early U.S. trade with the market watching for developments in efforts to bring an end to the Russia-Ukraine war. Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands ...

WTI crude slips below 200-day average with OPEC+ set to raise production. Iraq export restart and weak demand amplify bearish ...

Crude oil futures traded lower on Monday morning amid reports that OPEC+ is likely to announce another output hike at its meeting scheduled for October 5.