Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia’s energy ...

Oil prices rose on Friday, on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy ...

The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended ...

Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

British energy giant BP on Thursday said it would axe 4,700 staff jobs -- about five percent of its workforce -- and was ...

The International Energy Agency anticipates an acceleration in global oil-demand growth this year on lower prices and an ...

Many analysts expect an oversupplied oil market this year, after demand growth slowed sharply in 2024 in the biggest ...

Russia’s oil proceeds to the state budget increased by almost a third last year to the highest since at least 2018, spurred ...

Crude oil prices are expected to rise for a third week in a row due to US sanctions on Russia, positive economic data from ...