Oil prices went up by 1.7% on Tuesday as markets grappled with the latest US sanctions on Russian oil against optimism that ...

Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings ...

OPEC+'s surprise output increase signals a strategic shift from price defense to market-share dominance, reigniting the power ...

Oil prices gained on Tuesday as fresh U.S. sanctions on Russian oil disrupted exports and prompted Lukoil to declare force majeure at one of its Iraqi fields.

Chevron Corporation downgraded as China's slowing oil demand adds risk. Learn how market shifts may impact CVX stock and oil ...

The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...

Aug 12 (Reuters) - The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per barrel in the fourth quarter, which would be the first ...

Companies such as BP and Chevron have announced large cutbacks that are reshaping the fossil fuel sector’s workforce. Oil and gas companies are cutting costs and firing thousands of employees as ...

Oil extended overnight price declines in the early Asian session amid many headwinds.

Crude oil futures stayed under stress on oversupply fears. WTI Crude eased under $60 per barrel to test three-week low after the US Energy Information Administration or EIA ...

Oil prices surged on Friday morning, over concerns about supply disruption, following reports of a Ukrainian drone strike on ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...