Energy ❯ Oil ❯ Crude Oil

Market Dynamics

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Vitol and Trafigura Push U.S.-Licensed Venezuelan Oil to Market as PetroChina Holds Back

Costly storage, backwardated pricing, rising freight, together with congressional scrutiny, squeeze margins.

Oil Steadies Near $62 as Oversupply Fears Check Rebound

Oil Rallies to Three-Week Highs on U.S. Stock Draws, Russia Sanctions Risk

Sinopec Reroutes Supertanker as U.S. Sanctions Hit Key China Oil Terminal

Oil Gains on Big U.S. Inventory Draw as Market Weighs Ukraine Peace Signals

Oil Tops $70 on Trade Deal Boost and Russian Sanctions Risk