Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this small rise is a much larger story unfolding in the oil markets.

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets ...

Her expertise is in personal finance and investing, and real estate. Crude oil options are the most widely traded energy derivatives on the New York Mercantile Exchange (NYMEX), which is one of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oil-rich nations are making a concerted effort to slow progress on a landmark UN climate agreement to end ...

The descent that saw prices for Brent crude drop below US$70 for the first time in three years was driven mainly by concerns about demand after the world’s top two oil consumers, China and the United ...

Global oil demand growth is “slowing sharply” as China’s economy cools, pushing prices to a three-year low, the International Energy Agency said. World consumption increased by 800,000 ...

A rapid slowdown in Chinese oil-demand growth is driving down global consumption, reinforcing expectations that demand will peak by the end of the decade, the International Energy Agency said.

Add articles to your saved list and come back to them any time. Last week, OPEC+ decided to defer planned oil production increases in the hope of putting a floor under an oil price that was ...

Shares of state-owned oil and gas heavyweights Oil India and ONGC have witnessed sustained selling in the recent past, in sync with BSE Oil & Gas Index, amid sharp decline in crude oil prices. Though ...

The world’s advanced economies might just have a new reason to hope for a firmer growth footing in the next year, if some of the most bearish forecasts for oil hit the mark. With global ...

Investopedia / Julie Bang Crude oil futures slipped to multi-month lows Tuesday as OPEC cut its 2024 forecast, citing weakness in demand from China. Brent crude futures fell more than 4% Tuesday ...

A slump in oil prices could lead to further reductions at the fuel pumps but any benefit risks being stripped away next month as the chancellor seeks ways to bolster the public finances.