Oil futures rose sharply to snap a two-week losing streak as dollar losses, tighter U.S. sanctions against Iranian crude and signs of easing in some U.S. trade tensions contributed to gains.

In the spot market, New York Harbor prices were up by about 10cts as OPIS has begun pricing low-RVP summer- grade barrels in that market. Spot Los Angeles CARBOB values were up by about 6cts near ...

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

The energy sector moved 4.62% higher in Q1 2025 after rising 4.89% in 2024. Gasoline posted the most impressive gain as the ...

Oil futures are gaining but off the morning's highs as demand concerns remain intact, with OPEC cutting its growth outlook for this year by 150,000 barrels a day. Oil price gains reflect the decline ...

Crude futures rose in an up-and-down session, with U.S. tariff relief on electronic goods helping to push up prices. WTI settled up 3 cents at $61.53 a barrel, and Brent rose 0.2% to $64.88 a barrel.

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker ...

Refined product futures were ahead by less than 1% heading into the afternoon, with the May ULSD contract leading the move higher, gaining 1.2cts to $2.0773/gal. The more-active June contract was up ...