World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from ...

Traders anticipate potential easing of US sanctions on Russian energy, which could boost supply amid concerns over slowing ...

Gasoline prices are expected to rise next week after a week of rollbacks, while diesel and kerosene are likely to continue their downward trend, the Department of Energy said on Friday,.

Vladimir Putin stepped up his charm offensive, praising Donald Trump’s efforts to broker an end to the war in Ukraine. The US ...

Saudi Aramco, the kingdom's state-controlled oil producer, raised its OSP for its flagship Arab Light blend to Asia to a premium of $3.20 a barrel above the Oman/Dubai average ...

Bank of America said Thursday it expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus. BofA forecasts an ...

Global oil markets could see a bigger surplus this year than previously projected, with supply growth outpacing demand by more than three to one, The Wall Street Journal writes.  The International ...

September WTI crude oil (CLU25) on Thursday closed up +1.31 (+2.09%), and September RBOB gasoline (RBU25) closed up +0.0388 (+1.87%). Crude oil prices on Thursday rallied on some short-covering ahead ...

Oil futures rebounded from two days of selling driven by bearish supply-demand outlooks from the EIA and the IEA, settling higher ahead of Friday’s closely watched U.S.-Russia summit.

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...