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Oil spill-hit Mill Creek is again flowing naturally.

Oil prices stagnated this week as traders confront bearish trends including rising US stockpiles and a rebound in demand that hasn't lived up to expectations.

Rigzone's regular market watchers focus on oil's rollercoaster ride, commercial crude stocks, gasoline prices and more.

Oil steadied after surging to a 10-month high as broader risk-off sentiment cooled a piping hot rally driven by OPEC+ supply cuts and comments from Saudi Arabia's energy minister shying away from any change in course.

Oil steadied as geopolitical tensions remain elevated and technicals provided critical support after a monthlong slump.

Oil steadied after strong gains to start the week, with US economic data signaling inflation is cooling while Russia agreed to dial back output.

Oil prices steadied as traders await Wednesday's interest-rate decision from the Federal Reserve to gauge the economy's strength and the trajectory of oil demand.

Oil settled near $86 after a choppy session as traders assessed the intensified diplomatic efforts by the US to contain the crisis in Gaza.

Oil settled at the highest in nearly three weeks after a volatile session that saw the market eventually pivot back to supply concerns stemming from a European Union's proposal to sanction Russian oil.

'Our balances point to yet another large U.S. crude build'.