Oil News

Oil prices fell on Thursday, extending their losing streak to a fourth consecutive session amid concerns over oversupply in the market.   Brent crude futures for December delivery dropped by ...

Oil prices steadied on Wednesday after falling for two consecutive days, as investors weighed OPEC+ plans for a larger production increase next month against data from the United States and Asia ...

Oil prices fell on Tuesday ahead of an expected OPEC+ output increase and with Iraqi Kurdistan resuming crude exports via Turkey, fueling market expectations of oversupply.   Brent crude ...

Oil prices fell by more than 1% on Monday, pressured by expectations that OPEC+ will approve a new production hike in November and by the resumption of crude exports from Iraq’s Kurdistan ...

Oil prices rose on Friday, heading for weekly gains of more than 4%, after Ukrainian attacks on Russian energy infrastructure prompted Moscow to cut fuel exports.   Brent crude futures gained ...

TotalEnergies’ Venus project in Namibia’s Orange Basin is the kind of discovery that makes oil executives’ eyes light up and governments dream of huge returns. It was announced in ...

Oil prices fell on Thursday, giving up the gains made in the previous session when they reached a seven-week high. The decline came as some investors booked profits following a drop in US equities, ...

Oil prices rose on Wednesday, hitting a seven-week high, after data showed an unexpected decline in U.S. crude inventories, contrary to market forecasts.   The Energy Information ...

Oil prices rose on Wednesday after an industry report showed a decline in US crude inventories last week, amid growing market concerns over tight supply due to export disruptions in Kurdistan and ...

Oil prices rose on Tuesday, even as investors continued to assess global supply expectations, after the Iraqi government and the Kurdistan Regional Government reached a preliminary agreement to ...