Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

Shares of energy companies rallied after muted inflation data. The August personal consumption expenditure index -- the Federal Reserve's preferred gauge of price changes -- rose 2.2% from a year ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to ...

Crude oil on Friday pared back some of its losses for week. A Thursday selloff followed a Financial Times report, citing people familiar with Saudi officials' thinking, which said the kingdom was ...

The industry players estimated that gasoline price increase had softened to ... took a nosedive on fears of oversupply ...

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...

The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve ...

NYC Mayor Eric Adams maintains innocence as his indictment on five criminal charges shakes the city's political landscape.

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

The OPEC alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.

The Baltic Exchange assessment for VLCCs from the Middle East to Asia on Thursday was $32,200 per day, down 18% in a week.