The prices of crude oil lowered as supply risks began to ease in the global commodities market. Brent crude plunged by 2.5% ...

Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...

Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71 ...

Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

Libya also contributed to the supply outlook by resolving internal political conflicts that had curtailed its oil exports.

The Falkland Islands is poised to approve a vast oil field in its waters in a diplomatic challenge to the UK and the Energy ...

China attempted to send $1 billion worth of drones disguised as COVID-19 aid to a Libyan warlord through the assistance of corrupt U.N. officials, according to a Canadian government investigator.

The Arab oil embargo is the most significant geopolitical event with the highest impact on the S&P 500. The Arab oil embargo ...

With Maduro refusing to step down from power after an election that many observers claim he lost, diplomatic warfare is ...

Investors are weighing the outlook for a possible uptick in supply with a massive stimulus package out of China announced this week. Analysts have flagged that it remains uncertain if the measures ...

Gains in crude oil were limited Friday due to negative carryover from Thursday when the Financial Times reported that Saudi Arabia is committed to increasing its crude output in December. Also, ...

Oil steadied after a sharp two-day drop on the prospect of more supply from OPEC members Saudi Arabia and Libya.Most Read ...