Indian Oil remains confident about energy availability for India saying US sanctions imposed on Russian oil would have ...

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...

Baker Hughes said oil rigs fell by six to 472 this week, their lowest since December 2021, while gas rigs rose by one to 99.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

That STEO did not include a WTI spot price forecast for 2026 ... Chartered expects the NYMEX WTI Basis nearby future crude oil price to average $79 per barrel in the first quarter of 2025 ...

With this backwardation in the futures curve, "smart money can sell spot oil at today's prices" and buy it back in 12 months through a futures contract that is selling at a roughly $10 discount ...