News

US Energy Secretary Says Oil Output Drop in 2026 Is ‘Unlikely’
US Energy Secretary Chris Wright said it’s “unlikely” that the country’s oil production will drop next year, contrary to the ...
Crude oil will see a surplus in second half of the year as tariffs weigh on demand: BofA's Blanch
Francisco Blanch, Bank of America head of global commodities, joins 'Closing Bell Overtime' to talk rising commodity prices ...
Alberta premier says province working on proposal for new crude oil pipeline to Port of Prince Rupert
Alberta Premier Danielle Smith said on Wednesday the province is working to present Canadian Prime Minister Mark Carney with ...
U.S. Crude-Oil Stockpiles Down More Than Expected
U.S. crude-oil inventories fell last week by 3.6 million barrels, surpassing an expected decline of 1.6 million-barrels.
Oil jumps 4% on report US embassy in Iraq is preparing to evacuate amid threats
Oil futures jumped more than 4% on Wednesday following a Reuters report saying that the US embassy in Iraq is preparing to ...
Commodities: U.S. Crude Oil Supply To Fall In 2026
The EIA said oil output would decline by 50k b/d YoY in 2026 to 13.37m b/d. Meanwhile, the European Commission is proposing a ...
US oil output set for first annual drop since pandemic
Some analysts expect US oil output to fall more steeply in the coming months. S&P Global Commodity Insights this week said ...
US Sees Oil Output Falling in 2026 in Blow to Trump’s Agenda
The US sees domestic crude production declining next year for the first time since 2021 in a blow to US President Donald ...
Oil Prices Running Higher And These 3 Stocks Are Winning
Oil prices are just starting to gush higher. Last trading at $64.85, oil could rally back to $70 with growing optimism over ...
Oil Prices Record Their Best Day Since October
Oil prices rose 4.9% on Wednesday after a government report showed that domestic crude inventories were lower than expected ...