Oil prices have surged over 7% since early March amid tighter supply and geopolitical tension impacting key buyers. U.S. crude stockpiles fell by 3.3 million barrels—more than triple analysts ...

Wall Street Banks See Oil in the Low $70s. Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price likely to average in the low $70s ...

Stocks cratered and bond yields hit their lowest level since October as investors flee risk assets and predict a hit to ...

How wrong the market was. Instead, the group announced it would increase the oil supply by 411k b/d in May. The group attributed the increase to healthy market fundamentals and a “positive ...

Global crude oil exports rose in March, with notable increases from Brazil, Canada, and Russia. This increase comes just before OPEC+ is set to increase its production in April. The OPEC+ Joint ...

Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have ...

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...

Oil futures tanked more than 6% on Thursday as Trump's tariffs sent financial markets reeling and new global supply developments suggested the balance in the global oil market would remain under ...

HOUSTON – Crude oil prices fell further on April 4 after US President Donald Trump’s tariffs and a decision by the Organisation of the Petroleum Exporting Countries and its allies (Opec+ ...

NEW YORK : Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy. Brent crude futures ...