The price of Kuwaiti oil went up by 17 cents to US$71.11 per barrel (pb) on Tuesday, compared to US$70.94 pb on Monday, said the Kuwait Petroleum Corporation on Wednesday.At the global level, the ...

US crude oil inventories fell 4.56 million barrels during the week ended April 18, the American Petroleum Institute (API) ...

BP may be forced to cut or even scrap its share buyback programmes over the next year unless oil prices recover, analysts say ...

Oil prices settled more than US$1 per barrel higher on Tuesday as new US sanctions against Iran and rising equity markets ...

The outlook for liquefied natural gas (LNG) carriers in the near term is expected to remain weak with rates having plummeted ...

Oil prices settled more than $1 per barrel higher on Tuesday as new U.S. sanctions against Iran and rising equity markets ...

Front Month ICE Brent Crude for June delivery gained $1.18 per barrel, or 1.78% to $67.44 today --Off 24.65% from its 52-week high of $89.50 hit Friday, April 26, 2024 --Up 7.35% from its 52-week low ...

Brent crude prices will fall to the low $60s/bbl by the end of this year even without a U.S. recession, as rising global petroleum inventories more than offset resilient gasoline and jet fuel demand ...

ULSD has been on a steady slide since then. In the most recent decline, the latest high settlement of $2.2877 per gallon was recorded on March 26. The most recent low point was $2.0464 on April 10.

Oil markets are awaiting the next big external shock, as the U.S.-China trade war continues to rage and the prospect of a U.S ...

Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the ...

Continuous gold futures on the New York Mercantile Exchange were up 1.2% to $3,467.0 a troy ounce in European midday trading, having reached as high as $3,509.90 earlier in the session--the first time ...