Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...

West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...

Oil prices settled higher on Thursday, recovering from the previous day's drop, on news that the US and China agreed to more trade talks following a phone call between US President Donald Trump and ...

The price cut by Saudi Arabia, key oil producer within OPEC - the oil producing group that includes members of the Organization of the Petroleum Exporting Countries and allies such as Russia - follows ...

Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil shift.

Brent crude futures settled up 48 cents, or 0.7%, at $65.34 a barrel. U.S. West Texas Intermediate crude settled up 52 cents, ...

By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...

Brent crude futures were up 23 cents, or 0.35%, at $65.09 a barrel by 1148 GMT. U.S. West Texas Intermediate crude gained 16 ...

Concerns over slowing U.S. demand were exacerbated by softer-than-expected private payrolls data, which showed the labor ...

Egypt and Syria launched a surprise attack on Israel, marking the beginning of the Yom Kippur War, the fourth of the ...

Crude oil futures turned lower in a volatile session, as a Bloomberg report said Saudi Arabia is open to additional ...