During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.

The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted ...

The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended ...

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

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The EIA’s January STEO forecast that the diesel price will come in at $3.57 per gallon in the first quarter of 2025, $3.60 ...

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Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

Saudi Aramco's CEO expects global oil demand to grow by 1.3 million barrels per day in 2025, driven by robust economic growth ...