Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from ...

Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

Oil edged higher in early Asian trade. Crude oil has rebounded recently amid signs of tightening supplies, ANZ said.

America will be a manufacturing nation once again, and we have something that no other manufacturing nation will ever have, ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...

Libya resumed loading oil from two eastern ports that account for a third of its exports after they were halted for a day by protesters. Libya resumed loading oil from two key eastern ports ...

In other words, how the cartel adjusts production to shift supply matters to other oil-producing countries. This dynamic was illustrated in 2020. A disagreement between Saudi Arabia and Russia led ...

WTI crude oil hovers at $76.69 ... but traders are awaiting further clarity on sanctions and supply chain disruptions that could impact market stability. As tensions persist, energy markets ...

“The market has already anticipated a tightening of the oil supply as a result of the sanctions against Russia and Iran,” Fritsch says. “Nevertheless, a further price increase is to be ...

Oman and Singapore – Oman Oil Marketing Company (OOMCO) and TFG Marine, the leading international marine fuel joint venture founded by Trafigura, Frontline and Golden Ocean, have established a bunker ...