Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

By Clyde Russell LAUNCESTON, Australia (Reuters) - "This time it's different" is a well-worn cliché that seems to be getting ...

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Canada's oil province, Alberta, opposes the federal government's plan to restrict oil exports in response to a potential US ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

After such a sleepy period from October to December, the crude market has come alive. That’s what Chris Weston, Head of ...