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

After two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply ...

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 ...

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

China attempted to send $1 billion worth of drones disguised as COVID-19 aid to a Libyan warlord through the assistance of ...

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

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, ...

Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

Crude oil futures rose on Friday despite concerns about global demand and increased supply, with Saudi Arabia planning to ...

This week, world oil prices did not hold back again, dropping to $ 71.8 per barrel. Since last Friday, the benchmark North ...