Crude oil prices expected to drop below $60 per barrel by December 2025 due to geopolitical tensions and supply dynamics.

Asian shares were mixed on Friday after U.S. stocks climbed further into record heights as the clock ticks on President ...

The Official Receiver reached a deal with the commodities trading giant overnight to continue supplying crude oil to the stricken Lincolnshire refinery, Sky News learns.

Oil prices posted modest weekly gains, caught between bullish U.S. job data and bearish OPEC+ supply expectations.

Oil futures fell on Friday after Iran reaffirmed its commitment to nuclear non-proliferation and amid expectations that major ...

China has avoided buying U.S. crude oil for three straight months—the longest dry spell since 2018—delivering another hit to ...

Ecuadorean state oil company Petroecuador declared force majeure on all operations, including crude exports, after two key ...

Twenty states boast average gas prices below $3, spanning from New Mexico to Missouri to South Carolina. Mississippi, the ...

In Europe, the Stoxx Europe 600 fell 0.5% in morning trading. Banca Popolare di Sondrio added 1.7% and Royal UNIBREW climbed 1.6%. On the other hand, Loomis dropped 6.4%, and Zealand Pharma slipped ...

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

The NYMEX August West Texas Intermediate contract was down by 53cts to $66.92/bbl and September WTI was off by 51cts to $65.50/bbl. Both the September and October Brent crude contracts were 47cts ...