Oil prices surged about 13% over an 11-day stretch ending on Monday. Prices fell markedly on Tuesday, however, as nearly a ...
U.S. oil producer Occidental Petroleum on Wednesday flagged lower prices for its oil and gas production in the third quarter, ...
Oil markets are nervous. Last week crude prices rose by 10%, to $78 a barrel, their biggest weekly gain in almost two years ...
The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.
Oil extended losses on Wednesday as weak demand and rising U.S. inventories countered the risk of supply disruption from ...
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, ...
US stocks rebounded on Tuesday after Monday's losses, with momentum revived by a tech rally and falling crude prices. The ...
Equinor ASA said Angola’s efforts to stave off a decline in its oil production by updating policy is having a positive effect ...
Petrol prices could rise following the closure of an oil depot, drivers are being warned. Dalston oil depot in Cumbria is to ...
Global oil prices climbed 4% Monday over fears that the unprecedented weekend attack on Israel by Hamas could escalate into a ...