Oil prices came under pressure yesterday with ICE Brent settling more than 2.2% lower, taking it back below US$70/bbl. This ...

Fuel firms usually announce final price adjustments every Monday, to be implemented on the following day.

Oil is little changed for the week, despite OPEC+ announcing a further increase to production in August, escalating ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.75 during the early Asian trading hours on ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, ...

HOUSTON] Oil prices fell more than 2 per cent on Thursday, as investors weighed the potential impact of US President Donald ...

ODESSA, Texas (KMID/KPEJ) – 8 members of OPEC+ (Organization of the Petroleum Exporting Countries) say the organization will boost oil production in August 2025, by 548,000 barrels per day. These ...

Oil futures gave back gains on renewed oversupply concerns after the market had shrugged off a raft of bearish factors the previous three sessions.

Oil market analysts said the UAE’s message is clear: supply increases are not a sign of surplus but a necessary response to ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

The crude oil market traded with sharp volatility this week as traders balanced OPEC+ production increases, renewed geopolitical risks, and the threat of U.S. tariffs against evidence of strong underl ...

Trump, who has called Bolsonaro a friend, had hosted him at his Mar-a-Lago resort back in 2020, when both were in office.