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By Rich Nelson | January 26, 2016
By Phil Flynn | January 26, 2016
Oil is trying to shake off weakness in the Asian stock markets after China's General Administration of Customs reported that China’s December crude imports increased by 9.3% over a year ago, sucking in about 33.2 million metric tons of oil.
By Rich Nelson, Ryan Ettner, Scott Donarski | January 26, 2016
By Gregor Horvat | January 25, 2016
By Phil Flynn | January 25, 2016
Oil prices are pulling back after the biggest two day rally since 2008 due to concerns that the monster snowstorm out east will zap demand.
By Jordan Roy-Byrne | January 22, 2016
By Phil Flynn | January 22, 2016
By Gregor Horvat | January 21, 2016
By Simon Falush, Reuters | January 21, 2016
Oil fell on Thursday, turning back toward 12-year lows on persistent concerns about oversupply and the outlook for demand.
By Dmitry Zhdannikov, Reuters | January 21, 2016
European companies and trading houses are not rushing to buy Iranian oil because of legal uncertainties over the lifting of sanctions that are likely to take weeks to clarify.