Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...

Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...

The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil producers including Russia projects rising ...

OPEC+ is set to consider extending its run of super-sized production increases at a meeting next month, as group leader Saudi ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

Crude oil prices are heading for their steepest weekly drop since March 2023, as supply fears linked to the Iran–Israel ...

Nigeria’s anti-corruption agency has arrested former oil officials over a $7.2 billion fraud linked to refinery ...

HOUSTON (Reuters) -Brent and U.S. West Texas Intermediate crude prices fell on Friday, reversing gains after a report that OPEC was planning to hike production in August following an increase planned ...