One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% on an annual basis.

Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid ...

WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary ...

The United Arab Emirates has opened its annual oil-and-gas summit with pledges to increase energy output even as global ...

SINGAPORE (Reuters) - Oil prices extended gains in early Asian trade on Friday, following reports that Iran was preparing a ...

Oil futures saw strong gains Monday after the Organization of the Petroleum Exporting Countries said members would wait yet ...

Oil prices rose by more than $1 in early trading on Monday after OPEC+ said on Sunday it would delay a planned December ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December, tracking weakness in ...

Oil futures finished higher on Thursday and U.S. prices extended those gains to top $70 a barrel in electronic trading, as ...