Oil News

Oil prices rose by about 2% on Friday, supported by supply concerns after the Black Sea port of Novorossiysk halted oil exports following a Ukrainian drone attack that targeted an oil depot in one of ...

Oil prices edged higher on Thursday, pausing after steep losses in the previous session, as investors assessed the impact of new US sanctions on Russia’s Lukoil while persistent concerns over a ...

Since the early 2010s, the intensive and systematic development of the U.S. shale oil and gas sector has transformed the country from one of the world’s largest energy importers into one of its ...

Oil prices fell by about 1% on Wednesday, pressured by a supply glut in the market, though expectations that the end of the longest U.S. government shutdown in history could boost demand limited ...

Oil prices were little changed on Tuesday as investors balanced concerns about rising global supply with uncertainty over the impact of new US sanctions on Russian crude.   Brent futures rose ...

Contrary to popular belief, oil prices are not determined by a single country, company, or even one cartel. They are the outcome of a global tug-of-war between producers, traders, and policymakers ...

Oil prices were little changed on Monday as investors assessed progress in negotiations to end the US government shutdown, while persistent concerns over abundant global crude supply kept gains in ...

Oil prices rose on Friday but remained on track for a second straight weekly loss after three consecutive sessions of declines, as concerns over excess supply and weakening US demand continued to ...

Oil prices rose slightly on Thursday, supported by easing concerns over a potential global supply glut, as the impact of sanctions on Russian energy companies began to emerge.   After ending ...

Oil prices recorded slight gains on Wednesday as investors continued to assess U.S. inventory data that pointed to stronger fuel demand, while weak economic indicators from major oil-importing ...