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The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

Japanese Finance Minister Katsunobu Kato drew attention by mentioning that the country’s more than $1.1 trillion in U.S.

Top oil and gas companies are watching the worsening global economic outlook with trepidation, but they currently appear to ...

Shell on Friday said its net profit for the first quarter experienced a substantial 28% year-over-year decrease, settling at ...

The global oil market is in very rare territory right now, with a pricing pattern that points to near-term tightness for ...

Oil futures ended the week lower with rekindled concerns about excess supply and disagreements among OPEC and its allies overshadowing signs of easing trade tensions, particularly between the U.S. and ...

Oil prices on Wednesday extended recent declines, marking their sharpest drop in two weeks, as markets reacted to the potential for increased supply from OPEC+ and ongoing uncertainty with U.S.-China ...

US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures eased.

A steep drop in crude oil prices largely due to US President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown ...

Imports from Malaysia, the top trans-shipment hub for sanctioned Iranian oil, leapt 84% on the year to 8.75 million tons, or 2.06 million bpd. China’s total crude oil imports rose 5% in March ...