Oil fell to its lowest settling price in almost two weeks as US stockpiles gained and OPEC+ members discussed another major ...

OPEC+ has helped sink crude prices since announcing 411,000-barrel hikes for May and June — equivalent to about 1% of current ...

Crude oil stocks, not including the SPR, stood at 443.2 million barrels on May 16, the EIA's latest weekly petroleum status ...

This supply dynamic has contributed to oil futures being approximately 13% lower year-to-date. Furthermore, the ongoing ...

Oil prices turned lower Wednesday as weekly data showing a rise in U.S. crude supplies outweighed earlier support brought on by reports that U.S. intelligence suggested [Israel was making preparations ...

At 443.2 million bbl, US crude oil inventories are about 6% below the 5-year average for this time of year, the EIA report ...

Crude oil inventories in the United States saw an increase of 1.3 million barrels during the week ending May 16, according to ...

ReconAfrica faces challenges with a failed oil well, cash constraints, and a high-risk profile. Learn why its future hinges ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...

Kazakhstan’s oil production from April 1 to 28 reached 1.814 million barrels per day , exceeding its OPEC+ quota of 1.473 million bpd by over 340,000 bpd, despite a 3% decline from March’s average.

Tax credits for clean-electricity generation and manufacturing are set to vanish under a plan proposed last week by congressional Republicans. Meanwhile, lawmakers in states such as Texas and ...

Oil prices edged lower on Tuesday, pulling back from a two-week high as supply concerns overshadowed optimism from a ...