A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

A cadre of Greek shipping magnates has stepped back into the fold as the go-to distributors of Moscow’s crude to the world.

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...

Crude oil and gasoline prices today gave up an early advance and turned lower, with gasoline falling to a 3-week low. Crude prices retreated today amid concerns about a global supply glut ...

Analysts have revised down their oil price forecasts for the third consecutive month as swelling OPEC+ supply and lingering ...

The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, ...

The bank has revised its forecast for Brent crude oil, expecting prices to remain in the range of USD 60 per barrel to USD 70 ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

The crude oil markets continue to bounce around in a relatively well-defined area, as we are trying to build come kind of base for a bullish move, perhaps later this summer.

At the time of writing, WTI Crude oil is trading above $62, gaining more than 1.50% on the day as markets respond to the group’s cautious stance.