Oil Market

Oil prices fell on Wednesday after a two-day rally, pressured by an unexpectedly large build in US crude…

Oil prices rose nearly 2 per cent on Tuesday as supply disruption concerns persisted after attacks on Saudi…

Oil prices rose nearly 3 per cent on Monday as fresh attacks on Saudi energy infrastructure and vessels in the Gulf…

Oil prices rose for a third consecutive session on Tuesday as fading prospects for a deal to end the Middle East…

Oil prices fell sharply on Tuesday after hitting a three-year high in the previous session, as US President Donald…

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, participated in the OPEC+ meeting held in Vienna…

The World Bank has revised down Saudi Arabia’s 2025 growth forecast by 0.6 percentage point to 2.8 per cent, and…

Morgan Stanley has reduced its global oil demand growth forecast for 2024 from 1.2 million barrels per day (mbpd)…

Oil prices eased on Monday following seven straight weeks of gains buoyed by tightening supply on OPEC+ output…

The coronavirus pandemic is harming the oil market way more than the price dispute between OPEC and its allies…

Iran’s OPEC governor on Saturday said that Saudi Arabia and Russia have taken the oil market “hostage” as U.S.…

U.S. President Donald Trump's announcement of a new Iran strategy will not necessarily have an immediate impact on…

China will "compel" Saudi Arabia to trade oil in yuan and, when this happens, the rest of the oil market will…

OPEC’s General Secretary, Mohammed Barkindo, called Tuesday on U.S. shale oil producers to help support plans to…

Saudi Arabia's energy minister said that Moscow has helped to breathe life back into OPEC and that shale can be a…

The oil market is re-balancing as demand continues to grow but more time is needed before these shifting…

A rebalancing of the oil market is progressing more slowly than expected, but it will speed up in the second half…

A turning point in the oil market is on the horizon amid a sharp fall in investments and a lack of fresh…

Oil market participants are assessing Wednesday the potential impact upon the world's most traded commodity of the…

The oil market is likely to move into balance by the first quarter of 2018 when the global inventory drops to a…

OPEC's effort to balance an oversupplied oil market could have the unintended consequence of crimping crude demand…

Saudi Arabia's energy minister Khalid al-Falih revealed Sunday that he believed the oil market would balance itself…

The oil market needs to be stable in order to prevent economic hardship, the oil producers' cartel OPEC said in its…

Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander…

Russia may be ready to join OPEC's efforts to curb oil supply, but concerns remain about whether the deal would…

"The oil market is "pretty much in balance," Bob Dudley the chief executive of BP has told CNBC on Monday. Speaking…

Iran's oil minister said Friday that Tehran would cooperate with Organization of the Petroleum Exporting Countries…

Energy investors got all excited last week on hints of a freeze deal among major oil producers, but anyone hoping…

Brent rose to $71 a barrel on Wednesday, recovering some of its losses from the previous session as a turbulent…