Oil prices eased on Monday amid concerns of looming oversupply, despite last week's rally spurred by sanctions on Russian oil producers and positive US-China trade talks.

Gasoline prices have fallen to just over $3 per gallon. That’s good news for consumers and the Trump administration after President Trump promised to bring down prices, but it could

Crude oil futures posted a third consecutive weekly loss as increased oversupply concerns and further tariff sparring between the US and China sent prices to their lowest in five months.

Oil prices on Friday posted their biggest weekly gains since June, after the U.S. imposed sanctions Wednesday on Russia’s Rosn

Oil prices eased slightly on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade deal framework between the U. Brent crude futures were down about 26 cents, or nearly 0.

Oil prices fell over 1% on Monday after U. and Chinese economic officials sketched out a trade deal framework, easing fears that tariffs and export curbs between the world's top two oil consumers could dent global economic growth.