Oil markets

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 2.927 million barrels for the week ending March 19.Analysts had predicted a much smaller inventory build of 272,000 barrels for…

The American Petroleum Institute (API) reported on Tuesday a build in crude oil inventories of 7.356 million barrels for the week ending February 26.Analysts had predicted an inventory draw of 928,000 barrels for the week.In…

The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of another crucial meeting of the group next week.OPEC’s top producer and de facto leader Saudi…