Oil prices clamber towards 7-year highs on Russia-Ukraine tensions

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. REUTERS / Angus Mordant // File Photo Register now for FREE unlimited access to Reuters.com Register Brent up 1.4%, WTI gains 1.6% at 0109 GMT US drillers add most oil rigs in a … Read more

Oil drops on China’s fuel reserves are released; OPEC+ meeting in sight

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China, October 22, 2018. REUTERS/Aly Song China releases petrol and diesel reserves to bolster local supply Biden pushes G20 energy-producing countries to ramp up production US drillers add oil and gas rigs for 15th straight month TOKYO, Nov. 1 (Reuters) … Read more

Oil prices extend gains to multi-year highs on tight supply

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, US, March 24, 2016. REUTERS/Nick Oxford WTI Hits Highest Since October 2014, Brent Hits 3-Year High Speculators Increase Net Long Positions in US Crude Oil -CFTC US oil and gas rig numbers fall for first week in 7 – … Read more