More than eight months after imposing a 20% basic customs duty on crude soybean, palm and sunflower oil, the government has ...

LONDON - Oil prices held steady on Wednesday amid global trade tensions and as ongoing OPEC+ output increases were offset by ...

Oil Prices Flat as Market Weighs OPEC+ Output Hikes, Canada Wildfires Oil rose, and while the market has so far managed to absorb additional supply from OPEC+, continued production ramp up could lead ...

Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and ...

Oil prices climbed about 2% on Tuesday to a two-week high, as persistent geopolitical tensions between Russia and Ukraine and ...

Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

"Hydrocarbons still make up 80% of today's energy mix, just the same percentage as they did in the 1980s. Petroleum and petroleum-derived products provide energy for a wide variety of sectors and ...

Haitham Al Ghais stressed that only a sustainable and stable investment flow will make it possible to provide for energy security and emission cuts ...

July RBOB at the high was over $2.09 but has pulled back and was last trading at $2.0639/gal, up 4.88cts. The strong start for the July contract keeps some stiff backwardation in place as July futures ...