Oil prices settle up on China optimism as investors return from holiday
Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an optimistic eye on China's economy and fuel demand after a pledge by President Xi Jinping to promote growth.
US crude stocks fall
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Crude Rallies on Dollar Weakness and US Economic StrengthFriday closed up +0.83 (+1.13%), and February RBOB gasoline (RBG25) closed up +0.0018 (+0.09%). Crude oil and gasoline prices ...
Western Washington refineries brought in more oil by tanker from Canada after an expanded export terminal opened in May near ...
Crude oil markets experienced limited activity over the past week as the holiday season reduced trading volumes. With markets closed for New Year’s Day, price movement was minimal, reflecting the lack ...
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While the OPEC+ cartel of oil-producing countries has restricted output since the start of last year, non-OPEC nations like ...
Oil prices rose on Tuesday after data showed China's manufacturing activity expanded in December, but they are on track to ...
In its first crude inventory report for the new year, the EIA reported large fuel inventory builds and a small draw in crude oil stocks ...
A plan to resume offshore oil drilling in Santa Barbara, California, has reopened old wounds in a city where a 1969 oil spill ...
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