Goldman Sachs raised its oil price forecasts for the second half of 2025 on Monday, citing the risk of supply disruption, ...

Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if ...

Cedric Chehab, Chief Economist at BMI, discusses his outlook on oil prices, forecasting Brent will average $68 per barrel ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

Oil ticked higher after a two-day drop, as traders assessed signs of near-term market strength ahead of US inventory figures.

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—fell by 980,000 barrels in the week after gaining a modest 100,000 ...

Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...

OPEC+ crude production rose in June but fell short of its planned hike, with Saudi Arabia clarifying its output amid market ...

Commercial crude oil stocks are seen unchanged at 426 million barrels in the week ended July 11, according to the average estimate of 10 analysts and traders. Six expect an increase and four predict a ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...