Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...

After a bullish start to the holiday-shortened trading week, oil prices look to settle lower on market uncertainty as ...

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over ...

A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.

Brent crude has been hovering around $75 a barrel since the beginning of the month, likely due to pending policy decisions that could shift the price.

Front Month ICE Brent Crude for April delivery lost 31 cents per barrel, or 0.41% to $74.43 this week --Today it is down $2.05 or 2.68% --Largest one day dollar and percentage decline since Monday, ...

The energy-management and automation group posted higher net profit and revenue for 2024 on continued strength in energy management, beating market views. Read about Sembcorp Industries, Petronas ...

The Energy Information Administration at midday estimated U.S. commercial crude oil stocks rose by 4.6 million bbl in the week ended Friday. The agency also reported domestic distillate stocks fell ...

Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.

Brent crude prices had a poor finish on Wednesday, but still recorded its third consecutive day of gains as supply fears ...

Bangladesh is preparing to launch a second international tender for petroleum and natural gas exploration in 24 offshore blocks in the Bay of Bengal out of 26, following a disappointing first attempt.

As Middle Eastern crude prices have increased, Chinese refiners have increased purchases of Brazilian and West African crude.