Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential sanctions on Russia further fueled the ...

Oil prices rose on Friday as concerns over potential new sanctions on Russia outweighed a weaker demand forecast from the ...

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

Global economic worries weighed on petroleum futures after President Trump on Wednesday told Brazil's government the U.S. would impose a 50% tariff on imports from the country, citing concerns over ...

Oil prices slipped in early Asian trading on Wednesday, retreating from a two-week high after U.S. inventory data revealed an ...

Oil prices eased on Tuesday following a nearly 2% surge the previous day, as markets digested escalating U.S. tariff tensions ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

West Texas Intermediate (WTI) crude increased by $0.66, reaching $65.67 per barrel. Brent crude declined by $0.37 and is now ...

Oil prices made a modest recovery as June ended, driven by easing Middle East tensions, strong summer gasoline demand, and ...

Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the ...

Oil prices were moved by both reports Iran was suspending cooperation with nuclear inspectors and reports of increasing ...

The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian ...