An escalation of conflicts in the Middle East in recent weeks has triggered a sharp increase in oil prices, raising ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Inventories rose for a second consecutive week as production picked up and refineries reduced their capacity use, the EIA ...

Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources ...

Oil futures were lower Wednesday morning ahead of official data on U.S. inventories, extending a sharp pullback seen the ...

Exxon Mobil (NYSE:XOM) -0.3% in Wednesday's trading as BNP Paribas Exane downgrades shares to Underperform from Neutral with ...

Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.

Petrol prices could rise following the closure of an oil depot, drivers are being warned. Dalston oil depot in Cumbria is to ...

Oil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against ...

Equinor ASA said Angola’s efforts to stave off a decline in its oil production by updating policy is having a positive effect ...

US stocks rebounded on Tuesday after Monday's losses, with momentum revived by a tech rally and falling crude prices. The ...

The US expects crude production to grow by just 320,000 barrels a day next year, much slower than previously estimated.