The federal government has announced it will lower the price cap for Russian-origin crude oil to US$47.60 per barrel, down ...

Lower prices give Trump more room to maneuver than Biden. Will it be enough to force Putin to accept a cease-fire in Ukraine?

Russia's Ryazan oil refinery halved its production and the Novokuibyshevsk refinery halted it completely on Aug. 2 after ...

Oil futures were slammed with the sharpest weekly losses since June as the market digested the OPEC+ decision to raise ...

September WTI crude oil (CLU25 ) today is down -0.30 (-0.47%), and September RBOB gasoline (RBU25 ) is down -0.014 (-0.07%).

The discussions on rare earth minerals come amid China’s restrictions on the export of seven rare earths, which has impacted ...

The group has been ramping up production since April in a bid to cushion the market against geopolitical tensions.

Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S.

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels a day for September, the latest in a series of accelerated ...

Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global ...