Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...

Lagos — Crude oil futures continue to slide following OPEC+’s decision to increase output by 138,000 barrels per day in April and the uncertainty surrounding U.S. tariffs. The decision to ...

The IEA now estimates demand growth for last year's Q4 and this year's Q1 at ~1.2M bbl/day, and now sees global demand growing by just 1.03M bbl/day, below its previous outlook for growth of 1.1M ...

Algorithmic-driven investors known as commodity trading advisers are seizing on the gloom to build a net-short position in oil for the first time since late December, said Daniel Ghali, a commodity ...

Crude oil futures fell Monday to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move that threatens to deepen a projected global surplus of crude ...

(Bloomberg) -- US benchmark oil extended losses in post-settlement trading after US Commerce Secretary Howard Lutnick signaled that the US may offer relief for tariffs on Mexico and Canada on ...

Oil prices declined for the fourth consecutive day, with Brent crude down to $74.59 a barrel. Investors are betting that potential peace talks between Russia and Ukraine could ease sanctions and ...

Gas, power and LNG are set to eclipse oil as the biggest driver of commodity trading profits, according to research from McKinsey & Co Inc. “In the last two years they’ve been almost parallel ...