DUBAI: Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit ...

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

Oil prices are falling as the commodity gets squeezed by supply and demand woes: rising output from OPEC and soft demand from ...

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

Oil prices finished higher on Friday but continued to hold ground near the $60 mark, with a spike likely to come only “upon accelerated trade deals or softening of OPEC’s production growth,” said ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...

Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

The NYMEX June RBOB was up by 6.05cts to $2.088/gal and the July RBOB contract was 5.6cts higher at $2.0575/gal. The NYMEX June ULSD was 5.95cts higher at $2.0360/gal and July ULSD was up by 5.2cts to ...

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OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...