S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel and many analysts and oil executives said too many US shale producers would ...

Crude oil futures drop amid tariff war tensions, US crude inventories rise, OPEC maintains demand and supply estimates.

TOKYO: Oil prices eased on Thursday after surging the day before as worries about the impact of intensifying tariff wars on ...

Nigeria’s 2025 budget might be threatened as crude oil prices slip below the projected $75 per barrel. This, coupled with the recent drop in average daily crude oil production, is also expected to ...

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration ...

West Texas Intermediate traded below $68 a barrel after jumping 2.2% on Wednesday, with Brent crude closing near $71.

Crude oil prices are rallying amid a broader uptick in market sentiment, and OPEC+ is holding steady on its demand forecast, ...

After a slow start to the year, crude oil imports in Asia are rising, with China and India increasing purchases from both ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline demand ...

Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.