Oil prices dipped on Friday, putting the market on track for a narrow weekly loss, as surging cases of the…
US President Joe Biden has authorized the release of 50 million barrels of oil from strategic reserves to help reduce…
The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic…
Barclays raised its 2022 oil price forecasts on Tuesday as it expects a faster-than-expected inventory drawdown and cautious supply response…
U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively…
State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its marine services,…
Since the third quarter of 2020, global demand for crude oil and petroleum products has outpaced supply, resulting in lower…
Moves to mitigate climate change are drawing peak oil demand closer, current and former OPEC officials told Reuters, potentially giving…
Oil prices slipped on Monday after hitting more than 2-1/2 year highs earlier in the session, as a spike in…