The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.

The OPEC+ decision will bring nearly 80% of the 2.2 million-bpd voluntary cuts from eight OPEC producers back into the market ...

Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...

Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...

The Trump administration hasn't acted "immediately" to refill the reserve, as Trump said he would. But a fast refill is being prevented by maintenance concerns, and funding for both repairs and new ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter.The trading slump may be confined to Shell, ...