Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...

The International Energy Agency forecast global oil supply will exceed demand in 2025 even if cuts remain in place from OPEC+ ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

Norway’s $36bn domestic wealth fund has been opportunistic in buying up shares in John Fredriksen’s Frontline and Andreas ...

A Bank of England rate-setter has warned that Donald Trump’s trade war could hit growth and push up consumer prices in the UK ...

London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off. Top mining ...

WASHINGTON/CARACAS (Reuters) - President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could ...

Fearnleys also noted weak oil prices — with Brent crude priced at $72.33 per barrel on Thursday and West Texas Intermediate ...

"There are other people willing to supply at the same competitive rate because the OPEC position is they don't deal with ...

Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest downward revision for oil demand and market's disappointment over ...