On Tuesday, OPEC, in its monthly report, cut its forecast for growth in global oil demand by 107,000 barrels a day in 2024 to 1.8 million barrels a day, or mbd, citing updated data for the first three ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and ...

The small movements in gasoline futures mean that prices remain relatively flat in most spot markets OPIS follows around the U.S. Chicago Comprehensive November Cycle 2 CBOB, however, was seeing gains ...

The Brent crude oil front month futures price has fallen by over 5% from last week’s 76.13 high which was made right within ...

Oil prices were edging higher in early trade but still face significant downward pressure. There is little to alleviate ...

The company saw its YTD earnings double so far this year from what they were in the same period of 2019 on a constant-price ...

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

Oil futures finished lower on Monday, with U.S. and global benchmark prices at their lowest in almost two weeks. Crude prices are facing headwinds from "f ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Adnoc Gas, one of the world's biggest natural-gas producers, targets a jump in earnings by 2029 as it boosts supply to capitalize on growing demand for gas. The Abu Dhabi-owned gas company on Monday ...

Oil prices lost further ground in early trade on a stronger dollar and pessimism over Chinese demand growth. Brent crude traded 1.4% lower to $72.86 a barrel, while WTI fell 1.6% to $69.26 a barrel.

Oil prices moved lower after spending most of the trading session flat on Monday as a strong dollar weighed on sentiments.