Oil prices fell after the U.S. government announced it would release crude from the Strategic Petroleum Reserve, while traders eyed… Read More
BP Plc, like its fellow supermajors, increased its dividend and announced a record profit of $27.65 billion for 2022. It… Read More
Oil prices rose as the market looked ahead to a meeting of OPEC+, a Federal Reserve rate decision, and U.S.… Read More
Oil prices fell more than 1% on Tuesday, touching a two-week low on the prospect of further interest rate hikes,… Read More
Oil prices held steady on Wednesday after falling the previous session, as an increase in U.S. crude inventories and global… Read More
On Thursday, oil increased by more than 1%, helped by hopes that China's demand outlook and upcoming U.S. inflation data… Read More
On Monday, oil prices increased by more than 3% as China's decision to reopen its borders improved the outlook for… Read More
Oil recovers after the largest decline Oil recovered more than 2% on Thursday after posting the largest two-day loss for… Read More
After tumbling the previous session, oil fell precipitously on Wednesday, pressured by worries about weak demand caused by the state… Read More
Alexander Novak told the official news agency TASS that Moscow is prepared to restart gas shipments to Europe through the… Read More
Oil Prices Are Rising Oil prices rose, supported by a weaker dollar and a US plan to replenish petroleum reserves.… Read More
Oil Is Bouncing Oil prices rose on Monday after falling by more than $2 a barrel the previous session, as… Read More
Oil Is Approaching 2022 Lows Weakening fears that a Western cap on Russian oil prices would significantly reduce supply and… Read More
A price cap on Russian seaborne oil, according to EU ministers, would be effective despite efforts by the Kremlin to… Read More
OPEC Oil Output Drops in November After the OPEC+ alliance promised drastic output cuts to support the market in the… Read More