Oil traders have turned bullish on crude prices following President Trump's threat of new sanctions on Russia unless a ...

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Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

"Oil prices surge as Trump's stance on Russia-Ukraine and tariff deal shake up the market, prompting caution among investors amidst geopolitical tensions and potential market volatility." ...

U.S. oil producers flocked to hedge higher prices for their output for the rest of the year and early into 2026 as international crude oil prices surged earlier this month. Early on June 13 local ...

Oil Prices West Texas Intermediate for August delivery plunged 6% to settle at $64.37 a barrel in New York. Brent for August settlement dropped 6.1% to settle at $67.14 a barrel.

The EIA left projected output growth for 2025 unchanged at 210,000 barrels per day. Conversely, the oil cartel, OPEC+, agreed to increase oil output by 411,000 barrels a day (bpd) in July.

Angola won’t seek a loan from the International Monetary Fund for now, as Africa’s third-biggest crude producer benefits from rising oil prices. The country, which depends on oil for more than ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...