United States Oil Fund, LP ETF News

A large wildfire threatening the major Canadian oil sands city of Fort McMurray moved closer overnight and weather conditions are unfavorable, the local authority said on Wednesday.

Gasoline inventories decreased by 0.2 million barrels.

The crude oil markets have been very sluggish as of late, and therefore I think you have to look at this point, as a spot where we could have a lot of action enter the fray.

World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.

Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. The IEA adds that Russia's April expo

Crude oil prices are expected to remain volatile over the near-term with a bullish bias due to reduced inventories and potential supply disruptions.

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said. Toril Bosoni, head of oil markets

The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's large

Amena Bakr, senior research analyst at Energy Intel, discusses U.S. Secretary of Energy Jennifer Granholm's Middle East visit.

Global oil markets face a supply deficit this quarter, in part due to output cutbacks by the OPEC+ coalition, led by Saudi Arabia, according to the IEA. Toril Bosoni, the agency's Head of Oil Market D

The outlook for global oil demand growth this year continues to soften amid an economic slowdown and mild weather in Europe, the International Energy Agency said.  Toril Bosoni, IEA's Head of Oil M

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global

A significant 3.1M barrel drop in U.S. oil inventories has lifted WTI prices to $78.49, reflecting tightening supply.