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

Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...

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

Global oil prices "would have hit the roof" if big importer India had not bought oil from Russia following the Ukraine war, ...

Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the ...

The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...

Spain’s Deoleo, the world’s largest olive oil producer, says one of the most challenging moments in the industry’s history ...

Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in ...

Trump's oil policies and Saudi Arabia's influence could lead to another significant decline in oil prices. Current oil market ...

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

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three ...