Oil prices edged up after Saudi Arabia raised March prices but remained near three-month lows due to U.S. crude stockpile builds and U.S.-China trade tariffs, including duties on energy products.

Photo: The General Staff confirmed the strike on the oil depot near Voronezh (t.me/GeneralStaffZSU) The General Staff added that at least three strike drones hit the target, causing a large-scale ...

This comes at a bad time for the Federal Reserve as inflation has kept steady to moderately lower but still well above the 2% benchmark, and a rise in oil and gasoline prices could set the stage ...

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the US’s strictest-ever sanctions on Russian energy flows.

The gap between near-term U.S. crude oil prices and future prices is widening in part due to a decline in the amount of oil stored at Cushing, Okla., where operators are seen close to scraping the ...

([email protected]) Brent Oil Prices Between $78-$83 Likely a Comfortable Range 0331 GMT — The near-term prices of Brent crude oil falling between $78 and $83/bbl appear to be a ...

An oil tanker named Koala has been damaged near the Russian port of Ust-Luga in the Gulf of Finland, according to Russian media outlets Fontanka and Tass. Tass reported that the vessel is securely ...

Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA ...

Sheikh Nawaf Saud Al-Sabah affirmed that there would be no substitute to oil as an energy resource in the near future and the situation would remain unchanged for decades to come. Sheikh Nawaf Saud ...