The value of Russia’s crude shipments hit a two-year low in the four weeks to May 25 even as Moscow shrugged off a threat ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

Oil prices fell over 1% on Thursday, retreating from earlier gains, as investors weighed the potential effects of a U.S.

Russia’s crude oil export revenues have fallen to their lowest level in over two years due to declining global oil prices and ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

China’s top oil refiners are turning to overseas markets to offset weak domestic demand, pushing ahead with refined product ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...

Kazakhstan's Energy Minister Erlan Akkenzhenov said on Thursday that an oil price above $70-$75 per barrel is likely to be ...

TOKYO (Reuters) -Oil prices rose on Thursday after a U.S. court blocked most of President Donald Trump's tariffs from taking ...

The next setback in oil prices is looming as OPEC and allies meet later this week to discuss output levels for July.

Nigeria’s revenue from crude oil export fell by 17 per cent in the first   two months of the year to $6.68 billion driven by ...

Russian energy minister Anton Rubtsov told state media about how current taxation on Russian oil hurts production.