Actions follow Trump's decision to reinstate 'maximum pressure' campaign against Iran over claims it is trying to develop nuclear weapons The US Treasury announced financial sanctions on Thursday, the ...

Demand from China and the rest of the world ensures its impact on diplomacy and markets, but there's no question its ...

US crude oil inventories for the week ended Jan. 31 increased by 8.7 million bbl from the previous week, according to data ...

U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...

Thanks to abundant supply and fairly flat demand, oil prices are forecast to fall — unless tariffs and geopolitics get in the ...

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, ...

Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural ...

Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...

"It's hard to reconcile the notion that we have an energy emergency, when the US produced 13.2 million barrels per day of crude oil in 2024," said analyst Stewart Glickman of CFRA. This was "more ...

Early in the year, oil prices surged as OPEC+ announced production cuts of 1.66 million barrels per day (bpd), aiming to stabilize prices amid economic uncertainty. However, by the third quarter ...