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

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

Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group's plans to pause ...

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

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

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

Oil prices were heading for a third consecutive monthly decline, slipping on Friday due to a stronger U.S. dollar and weak ...

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

WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI ...

Abu Dhabi opened a major oil summit Monday with officials offering bullish optimism that power demands for artificial ...

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 ...