Oil prices rose for the fourth consecutive week due to supply concerns and uncertainty over energy policies from the incoming ...

Oil futures settled lower on Friday, but scored a fourth straight week of gains after wider sanctions against Russia's energy industry tightened supply. Uncertainty also remains over President-elect ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s ...

At 412.7 million barrels, commercial crude stocks are at their lowest since 2022, EIA data show, with reductions in supplies "attributed to an increase in exports and a decrease in crude oil imports," ...

In its dying days, the Biden administration has taken aim at Russia with a barrage of fresh sanctions. It will help Donald ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year.

The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.

Oil futures settled with a loss on Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to to their ...

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

The economic storm facing Chancellor Rachel Reeves showed few signs of easing today after the pound lost further ground ...

The Australian share market lost 1.2 per cent as banks were sold off while the Aussie dollar hit lows last seen in 2020. Here ...