Oil prices held largely steady on Thursday after declining around 4% in the previous session as investors weighed concerns ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7 ...

Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...

U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces ...

A monthly report from the Organization of the Petroleum Exporting Countries released Wednesday revealed a "fresh jolt of ...

The gains come as Reuters reported that U.S. sanctions led Russian oil company Lukoil to declare a force majeure at its oil field in Iraq, which produces about 480,000 b/d. The move shows the impact ...

Oil slips below $59 as rising U.S. inventories and OPEC’s surplus outlook pressure prices; traders eye $60 support amid ...

Motorists should expect for another round of increase in pump prices to be implemented by fuel retailers in the coming week.

There will be no let-up in rising pump prices of fuel as local oil firms are expected to announce another wave of hikes next ...