Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

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In 2022, 72 per cent of its total crude oil supply was imported ... with differences of up to 1mn b/d, even for historical data. Ziad al-Murshed, the company’s chief financial officer, told ...

India’s crude oil imports from Middle Eastern suppliers including Iraq and Saudi Arabia are likely to rise in the coming months as the US further tightens sanctions on Russia. On January 10 ...

The lower gas prices largely reflect the agency's forecasts for lower crude oil prices amid a widening gap between oil supply and demand. The EIA forecasts Brent crude will fall 8% to an average ...

(Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

Oil prices rose more than 2 per cent on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

The amount of oil stranded off the Chinese coast is growing ... Five tankers carrying almost 4 million barrels of ESPO and Sokol crude from the Russian Far East that should have delivered their ...

In the latest development, the Federal High Court in Port Harcourt has granted an order to arrest and detain the crude oil cargo on board the Floating Production Storage and Offloading (FPSO ...

The oil prices climbed about 2 per cent to a four-month high on Monday. Indian and Chinese refiners are in a quest to find new suppliers of crude as they adapt to fresh US sanctions on Russian ...