European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of ...

The IEA said that Saudi Arabia exceeded its oil output target for June by 430,000 barrels per day to reach 9.8 million bpd, ...

Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

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

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

Oil demand forecasts diverge as OPEC boosts supply, IEA turns bearish, and EIA warns of surpluses. Explore the full crude oil ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Oil bull Josh Young tells CNBC's Dan Murphy that OPEC's latest World Oil Outlook forecast could set the stage for a long-term ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...