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

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 ...

Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has reaffirmed the country’s push to attract more strategic investments into its oil sector, positioning Africa’s ...

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 ...

HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

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 rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

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, ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...