Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

Crude oil pricesplunged sharply after Trump tariff announcement. It hits a high of $72.22 yesterday and currently trading ...

Oil futures tanked more than 7% on Thursday morning as Trump's tariffs sent financial markets reeling and new global supply ...

Oil futures settled higher on Friday ... which would lead to tighter global supplies. Prices for crude also found support after a Russian deputy prime minister reportedly said OPEC+ could reverse ...

On Monday, US benchmark West Texas Intermediate settled 3.1% higher at $71.48 a barrel, while Brent crude oil futures gained 1.5% to end at $74.74 a barrel. Both grades extended gains on Tuesday ...

LAUNCESTON, Australia, March 11 (Reuters) - A new scramble for crude oil market share in Asia may be kicking off as top exporters Saudi Arabia and Russia move to boost cargoes to the world's top ...

LAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?

For instance, tariffs on goods imported from China are now set to total 54%; the country is the world's largest importer of crude oil. "[The] 54% tariff on China is a significant negative surprise ...

Near 10 a.m. ET on Thursday, the price of West Texas Intermediate (CL=F) crude oil, the US benchmark, fell over 7% to trade near $66.50 per barrel. Brent (BZ=F) crude oil, the international ...