Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its ...

The key international agency forecasting energy demand now says the current path will have consumption of oil and gas growing ...

Assume today's price spike doesn't last, and crude prices continue to trade in their "bandwidth." At $112.7 billion in market ...

Oil prices rose on Tuesday on the impact of the latest U.S. sanctions on Russian oil and optimism that the U.S. government ...

Oil prices are at their highest level in almost three years, above $73 a barrel, but active U.S. rigs remain far below ...

Oil prices plunged in early Wednesday trading, erasing previous gains as both WTI and Brent crude faced renewed selling pressure. Persistent oversupply from major producers continues to weigh on ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 1.3 million barrels in the week ending November 7 ...

Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings ...

The average price of a gallon of gasoline has slipped below $3 as oil supplies increase. Prices could fall to $2, and least in some states.

In the latest API Weekly Crude Stock report, inventory levels of US crude oil, gasoline, and distillates stocks were reported to be at 1.300 million barrels. This figure, which gives an overview of US ...

The gains come as Reuters reported that U.S. sanctions led Russian oil company Lukoil to declare a force majeure at its oil field in Iraq, which produces about 480,000 b/d. The move shows the impact ...

A monthly report from the Organization of the Petroleum Exporting Countries released Wednesday revealed a "fresh jolt of ...