Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output. Time to wrap up, here’s a quick recap: The oil price has fallen to ...

Houthi rebels claim to have launched a ballistic missile towards Tel Aviv, Bloomberg reports. Additionally, Houthi rebels confirm as well that they are targeting ships in the Red Sea again.

In a bold move, Saudi Arabia has decided to increase its oil production despite the potential for a global oversupply. This ...

Hopes for a ceasefire in the Middle East, combined with potential Saudi production increases and Libyan export restarts, are ...

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

Brent crude fell by as much as 3.7% to $70.72, a two-week low - knocking billions off the value of London-listed energy ...

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

The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% ...

The Financial Times reported Thursday that Saudi Arabia is ready to abandon its unofficial oil price target of $100 a barrel to regain its market share and is committed to returning its crude ...

Gold prices (XAUUSD:CUR) ticked lower on Friday, however, set for their third-consecutive weekly gain. Read more details here.

Despite Friday's small gain, both crude benchmarks are on track to fall about $3. On Thursday, crude oil prices tumbled $2 after a news report said Saudi Arabia is ready to forgo its official $100/bbl ...