Libya Overview

Three Libyan oilfields have gone offline and output has declined by 360,000 bopd after militia violence, the country’s NOC announced on Wednesday.

The Rayayina…

Oil prices edged lower on Monday, while gasoline futures soared to their highest since July 2015, as energy markets digested the impact of Hurricane Harvey on the U.S.…

Crude oil prices moved higher on Friday, as energy companies pulled workers from offshore oil platforms and halted onshore drilling in south Texas in preparation for…

Crude oil prices remained lower on Thursday, as news on Wednesday of increasing U.S. production levels added to concerns over a global supply glut.

The U.S. West…

Crude oil prices slipped lower on Tuesday, as investors were eyeing the weekly data from the U.S. on stockpiles of crude and refined products due later in the…

Oil prices moved higher on Friday, bouncing off the previous session’s three-week lows, but gains were expected to remain limited by ongoing converns over rising U.S.…

Oil prices turned lower after a brief rebound on Thursday, to trade at a more than three-week trough after strong U.S. data boosted demand for the greenback and as…

Oil prices edged lower on Monday, as ongoing worries over ample global supplies dampened sentiment.

The U.S. West Texas Intermediate crude September contract was at…

Oil prices continued higher on Thursday, rising to the strongest level in almost three months amid growing optimism that the market was starting to rebalance.

The…