Oil prices surged to a four-month high on Tuesday as Chinese and Indian buyers sought alternative suppliers following the latest round of stringent US sanctions...
Oil prices extended losses on Thursday, following a decline the previous day. This downturn was primarily attributed to a significant surge in U.S. fuel inventories...
Oil prices edged higher Tuesdau but are poised to close out their second consecutive year of decline. This decline is attributed to a slowdown in...
Oil prices stabilized this week after a period of decline, as traders assessed the potential impact of President-elect's plans to reassess U.S. control over the...
Oil prices climbed on Wednesday, buoyed by a decline in U.S. crude stockpiles and investor anticipation of a potential Federal Reserve interest rate cut. This...
Middle Eastern oil markets are witnessing a decline in supply amid the UAE's intention to reduce its crude oil sales and the stumbling of Iranian...
Saudi Arabia has significantly reduced its oil prices for Asian customers, exceeding market expectations. This move follows the OPEC+ decision to further delay planned production...
The OPEC+ alliance, led by Saudi Arabia and Russia, is set to hold its scheduled meeting this week virtually. This marks the third consecutive online...