Oil prices were headed for a weekly loss on Friday as concerns over weakening demand from China weighed on prices.
China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...
Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...
A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Putin and Saudi Crown Prince MBS held a phone discussion on the Palestinian-Israeli conflict and oil markets amid Trump's US ...
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the ...
The International Energy Agency (IEA) on Thursday raised its projection for 2024 oil demand growth but trimmed its forecast ...
Marco Rubio has been selected by Trump for secretary of state. Rubio has long pushed for tougher US policy on Iran and China, ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...