Oil has started the third quarter in strong form after dropping in June
Oil is still up around 45 per cent this year as the global economic recovery coincided with upended trade flows
Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows
West Texas Intermediate futures climbed toward $111 a barrel after rising 0.5 per cent on Wednesday
Oil markets remain in backwardation, a bullish pattern that’s marked by near-term prices trading above longer-dated ones
Soaring demand ahead of the peak US driving season is sending refining margins to extraordinary heights
Oil has rallied on improving demand and supply outages, putting $100 a barrel within reach
US crude inventories expanded by 2.35 million barrels last week
The delta variant has spurred fresh curbs on mobility in many nations including China, harming energy consumption
Oil has managed to break out from a tight range near $60 a barrel and resume its upward momentum