The crude oil markets that I follow here at FX Empire are both doing the same thing, which is to say they are testing the lower end of the range that they have been in for some time. At the end of the ...
Crude futures edged higher supported by a new wave of U.S. sanctions on Iranian oil exports and expectations that OPEC+ will further delay its planned output hike.
U.S. oil futures pared much of their losses Wednesday after the Energy Information Administration reported a bigger-than-expected decline of 5.1 million barrels in U.S. commercial crude inventories ...