Oil demand will grow steadily in the 2020s and peak in the late 2030s, according to Rystad Energy's current long-term outlook.
After starting the week losing more than 2 percent of their value, the West Texas Intermediate (WTI) and Brent crude oil futures contracts regained momentum Tuesday.
West Texas Intermediate (WTI) crude oil for February delivery settled at $52.31 per gallon Wednesday, reflecting a 20-cent gain. The WTI traded within a range from $51.26 to $52.52.
Fitch Solutions Macro Research identifies factors driving growth in China's gasoline exports.
Testing on WPX Energy’s Delaware Basin multiwell battery in Loving County, Texas, in March 2017. (Source: Tom Fox/Hart Energy)
West Texas Intermediate (WTI) and Brent crude oil futures fell for the third straight session Monday while natural gas futures posted an impressive gain.
Private gasoline retailers are scrambling for alternatives to state-owned Pemex to supply their service stations in Mexico that are running out of fuel.
A truce was reached in a dispute over a natural gas pipeline in western Canada, easing tensions for now as government leaders remain wary of intervening on the side of either the company or indigenous protesters.
Since Jan. 2, the first trading day of 2019, crude oil prices have consistently risen day-on-day. That winning streak ended Friday.
Protect & Grow Your Portfolio with Specific Advice from 100+ Experts