OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

PARIS, France – Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and growing fears that US President Donald Trump’s trade ...

The items members are either buying in bulk or planning to stock up on include coffee, olive oil — 97% of which is imported — laundry detergent, pet food, liquid soap and toilet tissue.

A couple in North Attleboro, Massachusetts has a warning for home owners after their oil tank leaked in their yard and left them with a massive clean up bill. They say a simple move could have ...

(Bloomberg) -- Oil settled below $60 a barrel for the first time in three weeks as signs emerged that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher production.

Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge.

Oil prices plunged over 15% in April, marking the steepest monthly drop since November 2021 amid rising recession fears. Natural gas futures test $3.402 resistance; breakout could target $3.517 ...

NEW YORK, April 30 (Reuters) - Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi Arabia signaled a move toward producing more and ...

In commodity markets, a futures curve in contango will encourage traders to buy, say, crude oil at today’s price, place that in storage and lock in a higher price by selling futures contracts at ...

Oil headed for its largest monthly decline since November 2021 on signs the U.S.-led trade war is hurting economic growth and energy demand at a time when the OPEC+ alliance has been loosening supply ...

IOCL Q4 Preview: Indian Oil Corporation Ltd (IOCL), the state-owned energy major, is set to announce its fourth-quarter earnings for FY25 on Wednesday, April 30. Analysts are anticipating a ...

GALETON, Colo. — A state energy agency is calling a blowout at a Chevron-operated oil well in Weld County an "unprecedented" incident. The blowout occurred April 6 at the Bishop Well near ...