Oil prices recouped some losses from earlier but continued to trade lower as Ukraine cease-fire talks, tariff risks and prospects of an oversupplied market continued to weigh.

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Saudi Aramco chief executive Amin Nasser on Monday said he expects oil demand to grow by between 1.3 million and 1.5 million barrels per day this year to around 106.1 million bpd in a balanced market.

US Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity. The ...

Kaushal, a former India head of Kearney, is the first private sector individual to head a state-run oil company. His appointment, following a government decision, comes after PESB rejected eight ...

Canadian oilpatch companies are hedging prices on their barrels, eyeing capital spending plans and hunkering down for more volatility amid falling oil prices and the on-again, off ...