UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

U.S. crude oil prices rose slightly on Thursday, with the West Texas Intermediate (WTI) December contract closing at $68.70 per barrel, up 27 cents or 0.4%, while Brent crude futures for January ...

HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, ...

WTI oil moved away from session highs as traders reacted to the EIA report, which showed that crude inventories increased by ...

The monthly report from the IEA bears no change in the narrative for the 2025 outlook. The US Dollar Index rallies further after President-elect Trump secures a majority in both Senate and House.

Oil prices edged lower in early European trading, pressured by a stronger U.S. dollar and a gloomy demand outlook. Brent crude and WTI are both down 0.4% at $72.02 and $68.14 a barrel, respectively.

Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last ...

The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...

The Energy Information Administration lowered its 2025 forecasts for U.S. and global benchmark crude-oil prices, citing an ...

U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...