Oil-service providers say producers are becoming more cautious about spending.

One of the most significant drivers behind the drop in oil prices was renewed concern over China’s slowing economy. China, as the world’s largest importer of crude oil, plays a pivotal role in shaping ...

Indonesia's new government aims to revive oil and gas production, with plans to cut regulations, reactivate idle wells and ...

Being net importers of petroleum goods, there are a number of African countries that are extremely susceptible to changes in ...

China's oil demand growth is expected to remain weak in 2025 despite recent stimulus measures from Beijing as the world's No.

Crude oil prices gained more than 1% on Monday after dropping 7% last week as the market focuses on demand concerns.

Oil prices rebound after a 7% drop, with traders eyeing key support at $69.21, but China’s weak demand outlook raises bearish ...

US President Biden says he knows how and when Israel will carry out its attack on Iran as Tehran warns it will respond ...

Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating ...

However, crude Oil prices received downward pressure, partly due to slowing economic growth in China. On Friday, China’s Gross Domestic Product (GDP) grew at an annual rate of 4.6% in the third ...

HOUSTON (Reuters) -Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth ...