Oil rose in the early Asian session on a possible technical recovery after prices fell markedly overnight.
Oil companies wrestling with huge amounts of wastewater have bold plans to turn the nuisance into a valuable product.
Oil futures fall over 2% on Iran nuclear deal progress and OPEC+ output plans, pressuring crude oil prices and dimming near-term demand outlook.
Oil fell in the early Asian session after Iran said that talks with the U.S. would continue after a ‘positive' meeting, which could potentially lead to an easing of sanctions on the oil-producing Middle Eastern country.
Oil prices fell more than 1% at Monday's open in Asia after nuclear talks between the United States and Iran progressed, easing supply concerns.
Experts warn of potential risks in the oil market as global uncertainty looms. Transcript: CARLEY GARNER: Crude oil has had a nice little rally obviously in the last week or two.
Crude oil surged through resistance and confirmed a bullish breakout, with traders now watching $65.89 to $69.31 as key upside target zones.
Britain's BP is bracing for a shareholder backlash at its annual general meeting on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green strategy U-turn. Asset manager Legal & General, a leading shareholder in BP, said it intends to vote against the reelection of outgoing Chair Helge Lund, a position that would defy BP's management recommendation.
U.S. Energy Secretary Chris Wright discusses his bullish outlook on America's shale industry amid plunging crude prices and mounting OPEC+ supply.
WTI crude oil is consolidating to form a support zone, while natural gas prices approach the key level of $3.
Oil rose in the early Asian session amid prospects of U.S.-China trade negotiations.
U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their capacity use.