The FT reported Friday that Saudi Arabia is considering prolonging production cuts into 2024, sending international and US ...

Oil prices experienced an upward surge on Tuesday, putting an end to a multi-session decline in anticipation of a pivotal ...

This week, it finds itself nudged by the invisible hands of conflict and concern, as crude oil prices register a rise, finding their terrain on the peaks of over $90 per barrel for WTI and $93 for ...

Yesterday brought the IEA monthly report which cautioned that the ongoing supply cuts by Saudi Arabia and Russia will result in a deficit during Q4 of 2023. The OPEC monthly report released a day ...

Oil prices fell as fresh data also showed that the US continued to churn out a record 13.2 million barrels of crude a day.

Global oil prices fell by nearly 5% Thursday, continuing a nearly two month decline amid rising U.S. oil supply and sluggish ...

Oil prices stabilize as OPEC+ meeting looms and potential African quota deal boosts market sentiment. Surge at sunrise: Oil ...

A changed geopolitical landscape — particularly the Russia-Ukraine conflict — has intensified interest in FPSO and floating ...

OPEC+ meeting delay triggers oil price drop. U.S. oil inventory rise, distillate stocks at yearly low. Bearish market outlook amid currency, economic shifts. Global Oil Market Faces Uncertainty Amid ...

Oil prices experienced a significant surge on Wednesday, driven by disruptions in crude exports from Kazakhstan and Russia due to a powerful storm in ...

Earnings of Murphy USA are beginning to decline as the retail gas prices fall. Read more to see an overview and analysis of ...

Stay informed on the latest oil market developments. US crude builds, China demand worries, and technical factors impact ...