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WTI Crude

Oil prices slide as markets worry about a recession ahead of expected rate hike from the Fed

Wed, 05/03/2023 - 10:05

Gas prices, oil prices, gas station — Oil prices have shot up this year already, causing pain at the pumps.
Rogelio V. Solis/AP

Markets, MI Exclusive, oil prices, wti oil, recession risk, recession 2023, Fed rate hike

Pakistan just became the latest country to snap up cheap Russian oil

Thu, 04/20/2023 - 07:03

An employee of a petrol station updates the latest fuel prices on a board in Karachi on February 16, 2023, after a hike in prices of petroleum products by the government. — Pakistan has placed it first order for discounted Russian oil, according to Reuters.
Asif Hassan/AFP

Markets, MI Exclusive, Commodities, Oil, Crude Oil, oil prices, Russian Oil

It could take years for the US to refill its emergency oil reserves after last year's record sales

Fri, 03/24/2023 - 09:48

The UAE is moving up an already ambitious target to increase crude oil output. — Oil barrels.
Getty Images

Markets, MI Exclusive, Oil, Crude Oil, WTI Crude, Brent Crude Oil, Strategic Petroleum Reserve

Oil prices rise as the outlook for China's demand brightens and after Turkey's earthquake ignites supply concerns

Tue, 02/07/2023 - 10:15

oil rig — Jason Kozlowski / EyeEm

Markets, MI Exclusive, Commodities, Oil, OPEC, China, oil prices

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