Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Analysts and professionals in the global energy space have long debated the prospects for reaching peak demand for crude oil.

Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...

Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71 ...

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

In a bold move, Saudi Arabia has decided to increase its oil production despite the potential for a global oversupply. This ...

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is ...

THERE were indications, yesterday, that oil exploration dropped year-on-year, YoY, by 22 per cent in August 2024, due to low ...