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 ...

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

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

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

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

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

Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...

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

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of just 0.24%, making it very “sweet.” WTI crude oil is typically the benchmark ...