Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...

The Federal Government cut crude oil supplies to local refineries in March, according to data sourced from a Reuters survey. This is as the Organization of the Petroleum Exporting Countries’ oil ...

Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ...

Oil prices are falling to their lowest close since 2021 as eight countries including Saudi Arabia and Russia surprised market ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over ...

Stock exchanges across region lose billions of dollars in value, as markets react to US announcement on new duties ...

Goldman Sachs has revised its forecast for Brent crude oil's average price for the year, lowering it by 5.5% to $69 per ...

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Brent futures dived by $5.72, or 8.2%, to $64.62 a barrel and US West Texas Intermediate crude futures lost $5.90, or 8.8%, ...

Donald Trump announced a 25 percent tariff on countries buying Venezuelan oil—a move that 'ironically' could help Moscow.

The United States has paused tariff increases for most nations engaged in trade negotiations, but has escalated tariffs on China, leading to retaliation and a search for alternative rare earth mineral ...