Oil prices edged lower on Friday, heading for a weekly loss, as investors digested waning Chinese demand and a possible ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

Benchmark U.S. West Texas Intermediate (WTI) crude oil will cost $60-$80 per barrel in the foreseeable future, shale producer ...

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...

Oil futures rose Tuesday, recouping some lost ground after back-to-back losses driven by worries about the prospects for ...

Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...

Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...

ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

Reports from IEA and EIA highlight rising global oil production and possibility of oversupply, alleviating market concerns - ...

The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...