Oil prices have paused their recent slide and settled into a tense equilibrium, underpinned by a mix of tightening supply in the United States, looming production increases from OPEC+, and …

Oil prices took a sharp dive, with WTI plunging over 4% to below $58, capping what could be the worst April performance since 2021 and potentially the ugliest on record. The immediate trigger …

The recent oil market developments reflect a complex interplay of geopolitical and supply-demand factors. Initially, oil prices plummeted to levels last seen during the pandemic, driven by …

West Texas Intermediate crude oil has been trading with a negative bias for the fourth consecutive day, sliding below the $66/barrel mark during the Asian session and nearing its lowest level in over three weeks, which sets …

Recent analysis indicates that oil prices have been buoyed by a mix of bullish and bearish factors. In the US market, despite a plateau in the active oil rig count—a sign of halted expansion—the significant drawdowns in …