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

The bearishness — which could be derailed should a major escalation disrupt fuel flows — stems from a belief that supplies ...

OPEC has repeatedly revised down its 2024 demand estimates, citing a drop in diesel use and slower-than-expected economic ...

With the killing of a key Hamas leader and Israel’s pledge to not attack Iranian oil infrastructure, markets returned their ...

EIA revised its most obvious flaw in its monthly Short-Term Energy Outlook. Discover the EIA's bearish oil price outlook and ...

Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East ...

Venezuela’s flagship Merey blend, the main export to Asian markets, has seen its price fall by more than a quarter in recent months.

Saudi Arabia's crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations Data ...

The International Energy Agency (IEA) has projected that fossil fuels will account for 75 per cent of the global energy supply by 2030, an increase from 73 per cent estimated in 2023.

Mr Ramathan Ggoobi says renewal of accounting officers' contracts will largely be based on the progress of projects under ...

Between January and September, dated Brent averaged $82.7 per barrel, up only 1 Percent on-year,” the report noted. Despite ...

In the U.S., crude oil and fuel stocks fell last week, market sources said, citing American Petroleum Institute figures on ...