West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian ...

Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies, despite earlier optimism ...

Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...

Last month, oil prices fell to a four-year low on investor worries that the U.S.-China trade war could depress economic ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Morgan Stanley analysts reshuffled their ratings on European energy major, upgrading TotalEnergies to Overweight but ...

Oil prices surged by approximately 2% following the U.S. and China's agreement to ease tariffs, fueling optimism for a ...

Crude oil continues to trend under $80 a barrel, and demand appears to have slowed down, contributing to lower pump prices,” ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

Oil prices have slumped this year. Several factors have weighed on crude oil prices, including OPEC's decision to increase ...