A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic troubles, and sometimes political unrest, as governments slash spending.

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

The benchmark U.S. crude oil price settled at $72.98 a barrel Friday afternoon in the United States, up 7 percent. Prices briefly topped $77 a barrel shortly after the attack began.

The statewide gas price average in The Natural State is $2.85 for a gallon of regular unleaded fuel, according to the AAA Arkansas Weekend Gas Watch.

Crude oil prices rallied more than 2% on Wednesday as OPEC+ announced that it has adopted a plan for establishing output quotas for 2027, ahead of a July review. According to a CNBC report, OPEC+ ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

How Iran responds to Israel’s latest strikes will have a big effect on oil prices. The country is a large oil producer and its position on the northern side of the Strait of Hormuz, a major ...

Report with the AI impact on market trends - The global oil country tubular goods (OCTG) market in indonesia size is estimated to grow by USD 178 million from 2025-2029, according to Technavio.

Kazakhstan's Energy Minister Erlan Akkenzhenov said on Thursday that an oil price above $70-$75 per barrel is likely to be suitable for all countries.

Angola based its 2025 budget on oil price of $70 per barrel; De Sousa says IMF loan more likely, but final decision not made; Finance ministry in talks with JPMorgan on margin calls ...

The move toward extracting unconventional hydrocarbon resources, such as shale oil and gas, has increased the demand for OCTG materials that are both corrosion-resistant and highly durable.Austin ...

Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel's military to intensify attacks against Iran and investors watched for signs of whether the U.S ...