OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...

Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies, despite earlier optimism ...

HOUSTON: Crude oil futures climbed more than $1 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Since April, the OPEC has expanded production beyond previous estimates. May’s supply alone is expected to grow by 411,000 ...

Brent crude futures settled up $1.67 at $66.63 a barrel. U.S. West Texas Intermediate crude finished up $1.72 at $63.67 ...

Oil prices have slumped this year. Several factors have weighed on crude oil prices, including OPEC's decision to increase ...

HOUSTON: Crude oil futures climbed more than US$1.60 a barrel on Tuesday, lifted by a temporary cut in US-China tariffs and a better-than-expected inflation report. Brent crude futures settled at ...

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking ...