Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...

Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and ...

(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.

Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil futures began 2025 on a positive note Thursday, boosted by expectations for stronger demand, with hopes that China, the ...

Sweeping U.S. sanctions on Russia's oil industry will make it more expensive for Moscow to sell its oil and complicate ...

BP forecasts that weaker realized refining margins will dent the Q4 earnings by up to $300 million. Refinery turnaround ...

Kaja Kallas urges the EU to lower the Russian oil price cap, arguing it will further diminish Kremlin revenues and strengthen ...

STORY: Chinese and Indian refiners are scouring the globe for supplies of crude, according to traders speaking to Reuters..It ...

Indonesia has clamped down on exports of used cooking oil (UCO) and palm oil residue to ensure supply to domestic cooking oil ...