Front Month ICE Brent Crude for July delivery lost 54 cents per barrel, or 0.81% to $66.09 today --Largest one day dollar and percentage decline since Wednesday, May 7, 2025 --Off 24.41% from its ...

The benchmark today traded near $64.48 a barrel amid the concerns over oversupply. Meanwhile, the FTSE 100 index is set to ...

Oil dips as U.S. crude stockpiles rise by 3.5M barrels, with supply fears and easing geopolitical risk pressuring WTI and Brent in a fragile range.

As a result, bitumen imports from the Middle East to South Africa surged by more than 25% during March and April 2025. Europe ...

Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to ...

Oil prices eased on Wednesday after government data showed US crude oil stockpiles rose unexpectedly last week, prompting investor concerns of excess supplies.

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The latest data shows that good news lies ahead for South Africa's motorists in early June, but the picture is worsening as ...

Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell ...