Saudi Arabia, the world's top oil exporter, has sharply reduced the prices of its crude for Asian buyers in December, ...

The price is seen as a key indicator of the kingdom’s outlook on regional demand and the move follows OPEC+ pausing output ...

Oil prices fell on Tuesday due to increasing oversupply concerns following OPEC+'s decision to pause supply hikes and the ...

Nearby NYMEX crude oil futures have been in a bearish trend since March 2022, when they reached over $130 per barrel ...

Oil prices eased on Monday amid concerns of looming oversupply, despite last week's rally spurred by sanctions on Russian oil ...

Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get ...

Oil prices remained largely unchanged early Thursday after closing at two-week lows in the previous session, weighed down by sluggish demand and an ongoing global supply glut. Brent crude futures ...

Saudi oil giant Aramco is reporting a $26.9 billion profit in the third quarter, down slightly from last year as global ...

Petrobras raised its third-quarter dividend after record production and higher earnings offset lower global oil prices.

Third-quarter profit rose compared with the prior three-month period but declined on year as oil prices remained under pressure.

One of the key metrics holding Powder River Basin oil and gas back is the cost of producing a barrel of oil. But longer ...

Canadian oil producers are grappling with low commodity prices, but analysts say the sector is buoyed by certain advantages ...