Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ...

Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced ...

ConocoPhillips recently added to its treasure trove of low-cost oil supplies. Chevron stress-tested its business and showed ...

America’s loss of dominance in mining to China was not inevitable—nor is its renewal. President Trump’s recent executive ...

Aside from the physical groundwork of gathering and processing oil, market factors are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and dynamics, ...

The deal could be announced during US President Donald Trump’s planned trip to the Middle East next month. The United States ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

US tariff threats on Venezuela and sanctions on Iran raise concerns about global oil supply. Oil prices were mostly flat, with WTI at $69.58 and Brent at $72.97 per barrel. Oil prices were mostly ...

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 ...

This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. The Czech Republic has ended its 60-year-long dependence on Russian oil ...

which bodes ill for oil prices (the laws of supply and demand being what they are). However, the U.S. Energy Information Administration notes that while crude supplies are up, inventories of ...