Oil prices were steady at the close of a volatile trading session on Wednesday, after falling earlier on the back of data that raised concerns about U ...

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns ...

Oil futures posted gains for a second straight week as the market shrugged off higher OPEC+ production plans, a second large weekly build in U.S. crude oil stocks and the return of U.S. tariff wars to ...

It’s a possible sign that President Donald Trump’s wave of tariff letters is again raising concern among investors.

BRUSSELS (Reuters) -The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

Front Month ICE Brent Crude for Sept. delivery gained $2.06 per barrel, or 3.02% to $70.36 this week --Largest one week net and percentage gain since the week ending June 20, 2025 --Largest two week ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

ULSD futures were seeing strong gains following two days of declines that saw contracts cut by nearly 6cts/gal. The August ULSD contract was ahead 5.46cts to $2.4381/gal, a gain of about 2.3%. The ...

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...