Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

Rob Wilson of East Daley notes that prices rode a roller coaster in the second quarter, plunging early in the quarter on ...

In its July Short Term Energy Outlook, the agency increased its price forecast for West Texas Intermediate through the end of ...

If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter. Find insight on BP, oil prices, Embraer and more in ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

Crude oil prices rose and oil futures ticked upward. The IEA has trimmed its 2025 oil demand growth outlook and raised its production growth estimate.