The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...

The OPEC basket crude oil prices advanced on a monthly basis in November and December 2024, after declining three times in ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Qatari Prime Minister and Foreign Minister Mohammed bin Abdulrahman Al-Thani confirms cease-fire agreement during press ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

Brent crude futures were down 37 cents to $81.66 per barrel by 1042 GMT, while U.S. West Texas Intermediate crude futures ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...