Bloomberg Opinion columnist Javier Blas has predicted that oil markets will be oversupplied in 2025 thanks to unwinding OPEC production cuts as well as increased non-OPEC supply ...

The U.S. Energy Information Administration in its latest Short Term Energy Outlook estimated that national gasoline prices ...

WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.

Oil prices climbed early on Monday in the global commodities market over report that Israel plans major attack on Iran.

As U.S. crude oil and gas production nears a potential peak, the outcome of the 2024 presidential election could decide the ...

A new report has shown that the Dangote Refinery now controls more than half of Nigeria's aviation fuel market and half of ...

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 ...

China’s oil demand growth is expected to remain weak in 2025 despite recent stimulus measures from Beijing as the world’s No. 2 economy electrifies its car fleet and grows at a slower pace, the head ...

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

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