Traders weigh Trump's potential impact on U.S. output and oil producers Oil ... inventory levels are low enough to keepBrent in a shallow backwardation and support prices in the low $70s.

Donald Trump has promised to "drill, baby, drill" to halve energy costs, a plan that sends shivers through the governments of ...

Over the last week, Imperial Oil reported a third-quarter profit of $1.24 billion US, down from $1.60 billion in the same quarter last year, while Cenovus Energy announced a quarterly profit of $820 ...

Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, impact of energy policies from the incoming Trump administration on the ...

Oil is the primary factor that determines gasoline prices in the United States ... has increased by 4.7 mb/d since the pandemic-era low of May 2020; however, it’s just 0.4 mb/d higher than ...

Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...

OPEC cuts oil demand growth forecast for 2024, 2025 US dollar rises to 4-month high against other currencies Nov 12 (Reuters) - Oil prices held near a two-week low on Tuesday after dropping about ...