The rush to buy replacement cargoes for sanctioned Russian oil has pushed Middle Eastern crude prices to an unusual premium ...

Oil fluctuated after President Donald Trump threatened tariffs on China and the European Union, while traders continued to ...

Cabinda Gulf Oil operations are running normally after an oil sheen and debris were reported along the coast of Angola, Paul ...

For decades, one of Saudi Arabia’s most strategic overseas outposts was a little-known office in New York City that ...

Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the ...

A growing portion of Russia's oil tanker fleet is being forced to reflag as U.S. and U.K. sanctions intensify pressure on ...

Financial writer recommends holding ProShares Ultra Bloomberg Crude Oil ETF due to expected surplus and global supply ...

(Bloomberg) -- Oil began 2025 by rising to the highest since October, buoyed by bullish technical indicators and shrinking US crude stockpiles. West Texas Intermediate jumped 2% to settle above $ ...

“Oil prices are a few dollars undervalued right now,” Daan Struyven, head of commodities research at Goldman Sachs Group Inc., said in a Bloomberg television interview. “Global energy demand ...

Oil was steady ahead of the inauguration of President-elect Donald Trump, as the market braced for a period of uncertainty and turmoil at the start of his second term in the White House. Brent traded ...