Oil prices have plunged to multi-year lows. Macroeconomic concerns have hit demand forecasts at a time when supply has been robust. That could be good news for borrowing costs, with the 10-year yield ...

Brent crude oil price remains under pressure as it faces a double whammy of weak demand and high supplies in the coming months. It trades at $64.65, a few points above this month’s low of $58.46. This ...

VIENNA, Austria (AP) - Crude oil prices edged up Friday in the wake of the U.S. Department of Energy's forecast that U.S. energy costs this winter would be the highest in 10 years. Oil futures rose ...

KUWAIT, Sept 22 (Reuters) - Kuwait's crude oil production capacity stands at 3.2 million barrels per day (bpd), oil minister Tariq Al-Roumi said in an interview with local newspaper Al Qabas, the ...