Oil prices climbed on Wednesday, maintaining their highest levels since June 23, lifted by attacks on shipping in the Red Sea, along with concerns over steep U.S. tariffs on copper and a forecast for lower U.

Oil prices edge higher in volatile trading as investors weigh a sharp rise in U.S. crude inventories and global trade risks against attacks on shipping in the Red Sea. Brent crude rises 0.4% to $70.45 a barrel,

Crude oil inventories in the United States increased by 7.1 million barrels during the week ending July 4, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne

Crude oil inventories in the US increased more than expected in the week ended July 4, marking the second consecutive weekly rise, according to a repo

Crude oil futures traded lower on Wednesday morning after an industry report showed an increase in US inventories for the week ending July 4. At 9.52 am on Wednesday, September Brent oil futures were at $70.04, down by 0.16 per cent, and August crude oil ...

Crude oil price moved a little higher on Wednesday, supported by EIA data supporting strong gasoline demand.WTI Crude Oil for August delivery inched up by $0.05 to settle

India significantly increases crude oil imports from the US and Brazil in H1 2025, reflecting a shift toward non-OPEC sources amidst changing global market dynamics and diplomatic efforts.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant rise in the nation’s oil rig count, increasing from

WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ascending channel, awaiting the next move.