Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s tariffs on most countries ...

The currency had strengthened to 84.13 per dollar during the day, but dollar demand from importers weakened the currency, which had closed at 84.58 per dollar the previous day, LSEG data showed.

Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...

LONDON: Barclays has lowered its Brent oil price forecast by US$4 per barrel (bbl) to US$66/bbl for 2025 and by US$2 to US$60 ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Some analysts have dubbed the broad-based selloff of U.S. stocks, Treasuries, and the dollar the "Sell America" trade. The big stock rebound showed some signs of exhaustion, as stocks fell despite ...

People who heat their homes with oil have been advised to buy now despite the upcoming summer months.

At less than $60 a barrel, many US shale producers will struggle to turn a profit, especially in some of the country’s ageing basins, forcing them to potentially stop drilling, lay down drilling rigs ...

Wall Street's nine-day winning streak ended Monday as oil prices fell to a four-year low following an OPEC+ output boost.

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

The Coast Guard rescued 32 people from a sinking yacht off the coast of Miami Beach. The $4 million yacht has a capacity of ...

Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...