News

Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
Oil steadied after a two-day gain as rains slowed the growth of some blazes which had disrupted Canadian crude production.
In its 65 years of existence OPEC has navigated many crises, from Gulf wars and America’s shale boom to a pandemic-era oil ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.