Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

Vitol CEO Russell Hardy said on Monday that he expects global oil prices to move in a lower range than over the past three to ...

Crude oil prices began the week with losses due to trade tensions from tariffs, Saudi Arabia's price cuts, and weak Chinese ...

Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.

Oil prices rebounded and gained 1.6% early on Tuesday amid weakening U.S. dollar, following the broad market selloff on ...

Saudi Arabia’s state-owned oil giant Aramco has reported a $106.25 billion profit in 2024, down 12% from the prior year on ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Sharp, rapid swings in the price of oil can have outsize effects ... Is Saudi Arabia permanently out of the business of stabilizing world oil markets? If not, under what conditions might we ...