Saudi oil giant Aramco is reporting a $26.9 billion profit in the third quarter, down slightly from last year as global ...
President Donald Trump’s U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a ...
OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant ...
Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...
Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow.
WTI crude oil slides to $56.8 amid record seaborne storage of 1.24 billion barrels. Click here for more information on WTI ...
Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...
The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...
The Oct. 8 announcement that phase one of the peace agreement between Israel and Hamas was accepted by both parties, at least ...
Major stock markets in the Gulf were mixed in early trade on Tuesday, weighed down by sluggish oil prices and fading hopes ...
Crude prices have slumped this year. Brent oil, the global benchmark price, is currently in the mid-$60s, down about $10 a ...
U.S. military preparations near Venezuela risk triggering a geopolitical and energy crisis that could disrupt global oil and ...