The price of crude oil dropped around 0.8% on Tuesday, to about $67.8 per barrel, whereas Brent crude oil also fell 1.4% to ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

The bank also said higher-than-expected crude supply and a demand squeeze from softer U.S. economic activity and tariff ...

However, the group emphasized flexibility, stating that the increase could be paused or reversed depending on market conditions.

Kazakhstan intends to compensate for the overproduction of oil ahead of schedule from January 2024 within the OPEC+ deal, the press service of the country's Energy Ministry said. "Kazakhstan will take ...

-- May Brent crude BRN00 BRNK25, the global benchmark, was down $1.79, or 2.5%, at $69.83 a barrel on ICE Futures Europe after trading as low as $69.75. That was the lowest front-month intraday low ...

The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per ...

Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further ...

The crude oil market continues to see a lot of noisy trading, as we are testing a major support region in both markets that I follow in this asset.

Partner and Senior Portfolio Manager explains how President Trump has undermined investor sentiment in oil and gas, ...

UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPEC+ ...