oil prices

Oil prices fell on Tuesday, reversing earlier gains, as worries about excess supply and sluggish demand growth overshadowed rising security risks in the Middle East after a missile attack by …

Oil prices remained steady on Monday as the United States announced plans to buy up to 3 million barrels of crude for its Strategic Petroleum Reserve (SPR) in March 2024. …

Oil prices recovered some ground on Friday after a seven-week losing streak, as Saudi Arabia and Russia, the world’s two biggest oil exporters, called for more OPEC+ members to join …

The latest decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to reduce oil output by an additional one million barrels per day …

The Organization of Petroleum Exporting Countries and its allies (OPEC+) have reached a deal to resolve a dispute over oil output quotas that had delayed their policy meeting. The group …

The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, are set to meet this weekend to discuss the possibility of further reducing oil production amid a …

Oil prices experienced a resurgence as market sentiment suggested OPEC and its partners are poised to counter the recent sharp decline in prices. West Texas Intermediate (WTI) saw a 4% …

Oil prices fell sharply on Wednesday as the latest data showed a huge increase in U.S. crude inventories and record production levels, adding to the concerns about weakening demand in …

The International Energy Agency (IEA) has released its latest oil market report, forecasting a strong recovery in global oil demand in the next two years. According to the IEA, oil …

Oil prices have been on a downward trend for the past three weeks, as signs of weakening demand from major consumers such as China, the US and Europe overshadow the …