oil prices

Oil prices plunged to their lowest levels in six months on Tuesday, as investors worried about the outlook for the global energy market. The Brent crude oil price, the international …

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 …