of 2.2 million barrels per day, past a June 30 deadline. The OPEC+ has slashed production over the past year to support oil price, but this has provided only fleeting support to prices ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States ... Brent crude was trading up $1.00 (+1.51%) on the day, leaving the international benchmark ...

They produce more than 3 million barrels of oil per day. Some analysts are saying that if the deal goes through, that you could see about a million more barrels being exported from Iran.

Natural gas dips below trendline as oil hovers near highs; inventory build and tariff truce fuel market volatility ahead of key EIA data. Natural gas slips below $3.595 as bearish pressure builds ...

Oil fell for a second day after President Donald Trump said the US and Iran are getting closer to a deal regarding Tehran’s nuclear program, a move that could unleash more supplies onto a market ...

Oil prices were retreating from the previous trading session after the Federal Reserve signaled fewer interest-rate cuts next year, fueling demand concerns. Brent crude and WTI were both down 0.1% ...

Crude oil futures lost ground with concerns about weaker demand weighing and supply risk from Hurricane Rafael diminishing. "This risk reduction helped alleviate some of the upward pressure on oil ...

Light crude oil futures are trading slightly lower Monday ... Resistance stands near last week’s high of $64.87, followed by the 50-day moving average at $66.05. The technical setup points ...