Oil futures fell Wednesday, feeling pressure after industry data showed a large rise in U.S. crude inventories and as ...

Oil prices dropped over 1% on Wednesday as rising U.S. stockpiles and concern about a new Sino-U.S. trade war fuelled fears ...

Oil futures finished Monday with a gain after President Trump slapped tariffs on Canada, Mexico and China over the weekend, sparking worries over U.S. crude imports. Upside was limited, however, by ...

Oil futures climbed, but pared some of the early gains that had lifted WTI to intraday highs above $75 a barrel. Trump on ...

West Texas Intermediate (WTI) crude futures tested $79.61, with a breakout targeting $81.33, while a reversal below $77.36 may signal profit-taking. At 11:18 GMT, Light crude oil futures are ...

Despite a slight positive turn in rand strength and oil prices, South African motorists face a bleak February – with warnings or more to come.

However, the IEA’s leadership has explicitly called for no new gas projects, claiming that existing oil and gas fields “are more than enough.” One cannot look honestly at the South African ...

“Today’s oil price strength is not sustainable,” they say in a note to clients. Russia has a strong track record of aggressively discounting its oil to attract price-sensitive ...

JAKARTA: Malaysian palm oil futures closed lower on Wednesday, tracking rival soyoil’s weakness in Dalian and Chicago markets and lack of fresh demand. The benchmark palm oil contract for March ...

At 09:00 ET (14:00 GMT), Brent Oil Futures rose 0.8% to $80.54 a barrel ... Oil had rallied at the start of this week and reached a four-month high on Monday after the Joe Biden administration ...

Brent crude futures gained $1.69, or 2.11 per cent, at $81.61 a barrel by 1:40 p.m. EST (1840 GMT). U.S. West Texas Intermediate crude rose $2.13, or 2.75 per cent, at $79.63. U.S. crude oil ...

ERBIL, Kurdistan Region - British energy giant, British Petroleum (BP), will start working on the development of Kirkuk province’s oil and gas fields, the governor said on Tuesday.