Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...

However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

(Reuters) - Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to lower prices in a broad push to drive up crude production. Brent ...

According to reports, the eight oil tankers affected by the ban each have a capacity of 2 million barrels, meaning a total of 16 million barrels of crude oil shipments have been left stranded at ...

It also is a leading crude oil producing state. LRE is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of the largest pension plans in Canada.

LAUNCESTON, Australia - "This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions against Russia's crude oil exports. Oil prices jumped in ...

“The 2025 budget is predicated on crude oil production of 2.062 million barrels at $75 per barrel whereas our current production is averaging 1.7 million barrels leaving a deficit of about ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds, according to data released by ...

The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to accelerate on lower prices and an improving economic outlook in ...