Ole Hansen, Head of Commodity Strategy, Saxo Bank The global crude oil market continues to navigate a complex web ...

Oil prices made a modest recovery as June closed and July began, giving investors something to watch after weeks of sharp ups and downs. West Texas Intermediate (WTI) crude rose by $1.68, or about ...

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States ...

India’s state-run oil refiners are reportedly pausing from purchasing Russian crude, following mounting pressure from the US, ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” running from the covid-19 pandemic, land war in Europe and the worst energy ...

By Myra P. Saefong OPEC+'s 'superhike' is having an unexpected effect Oil prices marched to their highest levels in two weeks on Tuesday, gaining ground despite plans to increase the flow of crude ...

NEW YORK — The recent surge in oil prices is forcing sharp increases in gasoline and other fuels that could cascade throughout the U.S. economy for months to come. Pump prices, which are already ...

A sustained surge in oil prices is likely to complicate the U.S. fight against inflation. A $10-a-barrel increase would boost year-over-year growth in the Consumer Price Index by 0.5 percentage ...

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, despite initial resilience to Western sanctions.

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.