Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

The EIA STEO was published recently. The estimate below is based on data from that report and statistics from the EIA ...

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

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

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost production before year-end, as investors cast doubt on whether an aggressive round ...

Saudi Arabia’s move comes as oil prices are down nearly 5 per cent so far this year, amid increasing supply from other ...

The output increase in December is not about regaining market share, it is about a small number of countries phasing out ...

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently cutting oil output by a total of 5.86 million bpd but it plans to reverse ...

Oil dived to a two-week low on Thursday after the Financial Times reported that Saudi Arabia was ready to abandon its ...

Global stock indexes reached record highs on Thursday after chipmaker Micron Technology's upbeat forecast, while oil dropped on a media report that Saudi ...

U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy ...

A widely followed global stock index and the S&P 500 hit record highs on Thursday after chipmaker Micron Technology's upbeat ...