Crude and refined product futures sharply pared gains by midday Wednesday, after bearish U.S. data by the Energy Information Administration put a lid on a rally fueled by intense fears of a wider war ...

For every $10 increase in oil prices, India's inflation rises by about 0.3 per cent. As a result, the current account deficit ...

OPEC+ is cutting output by a total of 5.86 million barrels per day (bpd), or about 5.7% of global demand, in a series of ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

Oil rose further on Wednesday amid speculation Iranian oil facilities could be the target of an Israeli retaliation against ...

Oil initially rose last October following the Hamas attack on southern Israel, but worries over tepid demand from China and increased output from producers outside of OPEC and its allies have weighed ...

Crude oil prices ticked higher today, even though the U.S. Energy Information Administration reported an estimated inventory ...

Panos Gliatis, managing director of subsidiary NNPC Shipping, told TradeWinds that the shipping operation has reached a deal ...

U.S. energy majors Exxon Mobil and Chevron rose 1.6% and 1.5%, respectively. Major oil and gas producers ConocoPhillips, ...

The prospect of a widening Middle East conflict weighed on U.S. stock futures, while oil prices extended gains.

The US Department of Energy’s (DOE) Office of Petroleum Reserves announced a new solicitation for up to 6 million barrels of ...