U.S. oil production rose by another 246,000 bpd in April, compared to a month earlier, according to the EIA. But the industry outlook continues to darken. Those production gains came even as the ...

Oil prices were hit by an abrupt reversal of sentiment last week, with investors selling at the fastest rate for four months, as the economic outlook worsened and fears eased that the G7 price cap ...

Investor sentiment remained fragile as U.S. stock markets posted significant declines. The Nasdaq plunged 4%—its worst drop since 2022—while the S&P 500 also saw sharp losses.

Oil prices rose as investors looked ahead to Friday’s U.S.-Russia summit, though worries about a widening global surplus were subduing sentiment.

The U.S.-China trade war is dominating investor sentiment in moving oil prices, said analyst John Evans of brokerage PVM, superseding nuclear talks between the U.S. and Iran and discord within the ...

The U.S.-China trade war is dominating investor sentiment in moving oil prices, and the "wait-and-see attitude coming out of the U.S.-China talks is leaving a bad taste in peoples' mouths ...

Analysts surveyed by Argaam attributed the downturn witnessed in the Saudi Exchange (Tadawul) to several factors related to ...

NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday as investors weighed weaker U.S. consumer sentiment against mounting hopes for a Federal Reserve rate cut in September ...

Oil prices were hit by an abrupt reversal of sentiment last week, with investors selling at the fastest rate for four months, as the economic outlook worsened and fears eased that the G7 price cap ...