The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast steady as it prepares to accelerate production. Trump later heaped praise on ...

Oil prices lost nearly $1 in early trade on Thursday on expectations of a potential U.S.-Iran nuclear deal, while an ...

TOKYO (Reuters) - U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

The Canadian dollar edged lower against its U.S. counterpart on Wednesday as oil prices fell and interest rate spreads moved ...

Despite near-term challenges, Exxon Mobil trades at a discount to fair value. Click here to read an analysis of XOM stock now ...

In the spot market, Chicago RBOB prices rose by around 4cts to $2.21/gal, which was the most expensive east of the Rockies, driven by active refiner buying after the latest EIA data showed a 1.5 ...

OPEC Signals Cautious Optimism on Trade, Holds Oil Demand Forecast The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook but struck a cautiously optimistic tone on ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

U.S. oil prices fell toward the Wednesday's lowest levels after the Energy Information Administration reported an increase of 4 million barrels in U.S. commercial crude-oil inventories for the week ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...