The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...
Oil prices retreat in early trade following reports of a large U.S. crude stockpiles build. Brent crude is down 1% to $76.24 a barrel, while WTI falls 1.1% to $72.50 a barrel. U.S. crude oil ...
Gold prices have marched into uncharted territory as bulls latch on to economic uncertainty created by U.S. import tariff ...
Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...
Oil prices edged up for a third straight day on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries that escalating ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy ...
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...