Brent prices could head toward $60 per barrel or below in 2025, said Bob McNally, president of Rapidan Energy. U.S. crude oil prices drifted lower Tuesday as the risk of rising supply from OPEC+ ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

Global oil prices have been highly volatile this year, breaching $90 per barrel in April due to geopolitical tensions in the ...

Oil prices edged lower on Tuesday as a stronger supply outlook and tepid global demand growth outweighed fears over ...

The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess ...

The FTC cited John Hess' participation in public meetings as well as private communications regarding oil supply with officials at OPEC, including OPEC ...

Crude oil prices fell on Tuesday following an 11% decline in the September quarter as expectations of increased supply and ...

MOSCOW. Oct 1 (Interfax) - The target for oil production by OPEC+ countries, including quotas, voluntary cuts and compensation for previous overproduction, is 35.24 million barrels per day in October, ...

Oil prices were down by more than 2% on Tuesday as a stronger supply outlook and lukewarm global demand growth outweighed ...

OPEC+ is strategically giving up some market share in the short term by limiting production in order to secure investments ...

Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand ...

Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...