Oil Edges Lower Amid Some Headwinds
Oil edges lower in early Asian trade amid headwinds. “The broader pressure continues to come from surplus signals and weak spot demand,” Sucden Financial said.
BP's New CEO Is an American Defender of Oil and Gas
Former Exxon executive Meg O'Neill is set to become the first woman to lead an oil major.
Oil market is significantly oversupplied, says CIBC's Rebecca Babin
Rebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss recent energy prices, how prices would react to solved geopolitical tensions and much more.
BP CEO quits after less than two years. A former Exxon exec who ran Australia's largest oil company will take over.
BP on Thursday made an abrupt shift in leadership, as CEO Murray Auchinloss is stepping down immediately after less than two years on the job.
Natural Gas and Oil Forecast: Supply Concerns Lift Oil While Natural Gas Finds a Technical Base
WTI and Brent oil rebound as inventories fall and supply risks rise, while natural gas stabilises near key support with RSI improving and buyers stepping in.
The $8 Billion Black Market for Venezuelan Oil Is Suddenly Closing Down
About 70% of the country's oil exports rely on a fleet of sanctioned vessels now being targeted by the U.S. military.
Oil Prices Climb Amid Geopolitical Tensions
Oil prices rose by more than 1% in early Asian trading amid geopolitical tensions.
Trump vowed to block tankers carrying Venezuela's oil — nearly a dozen are at sea right now
At least 34 U.S.-sanctioned oil tankers with a history of carrying Venezuelan oil are currently at sea in the Caribbean, according to an analysis from Kpler. At least 12 of those tankers appear to be filled with crude oil from Venezuela, according to vessel location data from Kpler, a global trade intelligence company.
U.S. Crude Oil Stockpiles Fall for Second Straight Week
Commercial crude oil stocks fell by 1.3 million barrels to 424.4 million barrels last week as exports increased and refineries stepped up their capacity use, said the U.S. Energy Information Administration.
Oil rebounds from lowest levels since 2021 after Trump orders Venezuela oil tanker blockade
President Donald Trump said he ordered a "total and complete" blockade of sanctioned oil tankers leaving and entering Venezuela.
Oil News: Crude Oil Futures Rebound as Venezuela Blockade Shakes Oil Outlook
Crude oil rebounds as Venezuela's tanker blockade and a sharp U.S. inventory draw lift prices, shaping a cautious bullish oil outlook for traders.
Why 2025 has been such a historic year for oil — with prices set to finish near a 5-year low
The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help slow production and boost demand.
