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 ...

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

Oil Prices edged higher on Friday as the hopes of a quick resolution to the war in Ukraine continued to fade. Benchmark Brent crude prices advanced $0.08 to $67.75 per barrel, while U.S. West Texas ...

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 ...

With sentiment shifting towards a much more bearish outlook, all eyes will be on OPEC+ which, after a protracted hiatus, meets again on November 26 in Vienna. Saudi Arabia Blames Speculators, Again.

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

The negative sentiment toward energy companies follows a period of weak energy prices that reflect concerns about the oversupply of oil into an environment of weakening demand that has seen ...

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 ...