U.S. and global oil demand growth will be smaller next year than prior forecasts, the U.S. Energy Information Administration ...

Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery, ...

The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.

WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...

US stocks opened higher on Tuesday as investors welcomed a pullback in surging oil prices, putting focus back on the ongoing ...

Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...

Finally, the September CPI report is also due out this Thursday. Economists expect the CPI index to rise 2.3% year-over-year ...

An escalating conflict in the Middle East has thrust the world’s most important oil artery back into the global spotlight.

Oil prices continued rising on Monday as concerns mount that escalating conflict in the Middle East could disrupt global oil ...

Oil snapped a five-day winning streak on Tuesday as the recent rally stemming from the Middle East conflict took a pause, and ...

Global oil prices have spiked in recent days as the conflict in the Middle East has reached fever pitch. They could rise yet ...

BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the ...