Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global ...

Oil prices were little changed despite news that OPEC+ plans to end its supply increases, with the market weighed down by ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.

Oil prices fell over 1% on Tuesday as OPEC+'s decision to pause output hikes in the first quarter next year along with weak ...

OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...

Oil prices eased on Monday amid concerns of looming oversupply, despite last week's rally spurred by sanctions on Russian oil ...

Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

Crude prices have slumped this year. Brent oil, the global benchmark price, is currently in the mid-$60s, down about $10 a ...

Some experts in the industry are fearful of an impending "oil glut." But what does that mean for consumers, exactly?

Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...

The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...