OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to ...

On Monday, March 24, the US announced 25% tariffs on countries buying oil from Venezuela, thereby targeting Beijing.

Oil diplomacy could become a hallmark of Donald Trump's second term in office, if the last few weeks are any guide, but ...

The Federal Government cut crude oil supplies to local refineries in March, according to data sourced from a Reuters survey. This is as the Organization of the Petroleum Exporting Countries’ oil ...

Russia, Iran & Venezuela seem to be colluding in a maritime scheme that could lead to earth's domination if they form a ...

“The news around Trump’s tariffs on autos may actually turn out to be a net positive for crude oil because the rise in new ...

Compensation cuts from OPEC+ members exceeding oil output quotas aren’t expected to outweigh the group’s planned production increase, according to BNP Paribas.

(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and ...

While BNP Paribas sees some strength in oil during the summer as lower production from Iran and Venezuela "compensates" for the OPEC output unwind and refinery maintenance is wound down ...

After a brief early push higher, crude oil contracts were staying close to Monday levels. The NYMEX May West Texas Intermediate contract, which rose to a roughly six-week high in morning trading of ...

1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to $69.98 ...