Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" if his talks with Russian President Vladimir Putinon Ukraine fail, and on optimism that a likely U.

Brent crude prices remained largely unchanged over the past fortnight, hovering between $65 and $66 per barrel, as anticipation of Russian oil re-entering global markets due to ongoing Russia-Ukraine peace talks fueled bearish sentiment.

A glaring mismatch between benchmark oil prices and expectations of a looming supply overhang has created an imbalance that could end badly for traders.

Oil prices rose on Wednesday as supply concerns are resurfacing while peace talks ending Russia's invasion of Ukraine are likely to take longer, leaving in place sanctions on Russian crude and raising the chance of further restrictions on its buyers.

We take a closer look at Trump’s claim that renewable energy like wind and solar projects have driven up the cost of electricity bills for Americans.

Here’s why: Oil demand pretty closely follows global economic growth. And the Trump administration’s tariffs are scrambling the global economy.

According to President Trump, “India is not only buying massive amounts of Russian Oil, they are then, for much

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives referring to it as a “price war” to the Financial Times.