Furthermore, a reduction in Kazakhstan’s oil output had fueled worries about global supply. Amid the US’ 17-percent reciprocal tariff on the Philippines, fuel industry players remain concerned about ...

Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.

The verdict will likely influence similar lawsuits against other oil companies over coastal damage in the state. By Adeel Hassan A jury in Louisiana has ruled that Chevron must pay a parish ...

Saudi Aramco, Emirates National Oil and Abu Dhabi National Oil will continue to supply gasoline, diesel, kerosene and jet fuel to the East African nation under a 180-day credit plan, Daniel Kiptoo, ...

The selloff is also fueled by OPEC+’s unexpected decision to increase oil supply by three times the planned amount next month. ([email protected]) ...

Investing.com -- Goldman Sachs (NYSE:GS) trimmed its oil price projections amid increased tariff escalations and a higher supply from OPEC+ countries. The Wall Street bank now expects Brent and WTI ...

"The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply," Goldman analysts said in a note.

OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs. The group led by Saudi Arabia and Russia will ...

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 ...

Indian refiners have rushed back to the market to seek crude supply after President Donald Trump’s threat of more penalties against Russia raised concerns over potential disruptions to oil flows.

Some argue that financial speculation plays a role larger than supply and demand fundamentals in driving oil price volatility. What do we know about the influence of derivatives trading on oil ...

Oil prices inched higher on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and attack Iran, though worries about the impact of a trade war on global ...