The Department of Energy on Friday said it bought 2.4 million barrels of oil for the nation’s Strategic Petroleum Reserve, ...
Analysts predict lower oil prices next year due to factors including import tariffs and potential production increases under the new US administration.
Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three ...
global oil price would have gone up to 200 dollars for everyone. Oil will remain key source of energy to world, says ...
Oil was lower, and Brazilian crude exports in October suggest the country’s production could fall modestly this year due to unplanned outages, a strike at Brazil’s environmental agency, project delays ...
TEMPO.CO, Bandung - The price of crude palm oil is expected to rise further next year. Dorab Mistry, director of Godrej International Ltd, said the projected price of CPO in the M ...
adding the announcement may allay some fears of a renewed OPEC+ "price war." "It is quite striking that OPEC+ continues to delay the scheduled production increases, at the same time as OPEC's oil ...
Crude oil prices were falling on Wednesday morning even as major oil companies rallied. Brent crude was recently down about 0.5%, while a basket of U.S. oil and gas exploration and production ...
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
The world’s largest oil producer may have just been pushed into a net debt position for the first time in two years.