Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

Alaska has been ranked the worst state for business in 2025 as its oil-dependent economy suffers from declining and volatile ...

In its July Short Term Energy Outlook, the agency increased its price forecast for West Texas Intermediate through the end of ...

The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns ...

Vital Energy's cost-reduction strategy and operational improvements enable profitable drilling even in weaker commodity price ...