Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Morgan Stanley analysts reshuffled their ratings on European energy major, upgrading TotalEnergies to Overweight but ...

According to sources, the IMF is dissatisfied with Bangladesh on two key issues. First, the Bangladesh Bank has not yet allowed a fully market-based exchange rate for the US dollar. Second, the ...

HITTING THE ROAD — Trump today is embarking on a four-day trip to Saudi Arabia, Qatar and the United Arab Emirates for the ...

Oil prices surged by approximately 2% following the U.S. and China's agreement to ease tariffs, fueling optimism for a ...

Crude oil continues to trend under $80 a barrel, and demand appears to have slowed down, contributing to lower pump prices,” ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

Lower oil prices will affect most oil stocks. However, some companies are in a better position to weather lower oil prices ...

Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.