Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...

WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI ...

Warnings on Friday that U.S. motorists may not enjoy sub-$3 prices for long became reality by the weekend, with average pump ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after ...

Exxon Mobil and Chevron are boosting production, led by strong output from the Permian Basin and Guyana, even as oil prices ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...

Oil prices eased on Friday, extending their decline for the third consecutive month as a stronger U.S. dollar dampened ...

The Oct. 8 announcement that phase one of the peace agreement between Israel and Hamas was accepted by both parties, at least ...

The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...

Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...