Brent crude futures rose $1.16, or 1.6%, to $72.99 a barrel by 1346 GMT while US West Texas Intermediate crude was up $1.16, or 1.7%, at $69.26. OPEC+ is likely to extend its latest round of oil ...

Oil futures rose Tuesday as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies ...

Cargill confirmed this week that it would be reducing its global workforce by about 5%. In a statement sent to The Associated ...

Wall Street analysts are forecasting a bearish market for oil next year, as the world's electrification shift progresses and ...

Despite strengthening business ties, Donald Trump and Saudi Crown Prince Mohammed bin Salman face conflicts over Iran, Palestinian statehood, and oil production, argues MEP Fellow David B. Ottaway.

Oil prices rose more than 2% on Thursday as Israel threatened to attack the Lebanese state if its truce with Hezbollah ...

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Russia's ESPO crude oil is experiencing its highest price premium against Brent since the Ukraine war due to strong winter ...

The North Sea crude market just witnessed its largest trading frenzy in at least 16 years, adding to uncertainty over oil ...

OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.

Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending its ...