Citing a senior government official, the report noted that the decline in oil prices could provide enough fiscal room to ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million ...

U.S. benchmark oil prices settled below $60 a barrel Tuesday, plunging to another four-year low as President Donald Trump follows through on his threat to hit hard against countries that retaliate ...

When the economy slows down, the price of oil tends to fall. But this time, OPEC+ is increasing production despite weak ...

Oil prices steadied near four-year lows on Tuesday as recession fears exacerbated by the U.S.-Chinatrade conflict, between ...

Commercial crude stocks are expected to have risen by 2.1 million barrels to 441.9 million barrels in the week ended April 4, according to the average estimate of 10 analysts and traders. Eight ...

U.S. crude oil is down about 14% and Brent has fallen around 13% since Trump announced his tariffs last Wednesday.

Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall ...

The oil selloff extended the dramatic drop in prices seen Friday when prices fell by around 8% to the lowest levels since 2021.

Shares of oil companies have dropped sharply in recent days. Growth fears and expectations of more supply from OPEC+ are ...