Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.

The crude oil markets both look like they are in the midst of trying to form a bottom at this point. The oil production numbers aren’t helping though, as OPEC continues to pump out a lot of supply in ...

Kansas crude prices also drop to four-year lows. Kansas Common crude at CHS in McPherson starts the week at $48.50 per barrel ...

Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...

In short, for America, it’s now “our dollar, our problem” as the world slowly turns its back on the once hegemonic USA, UST ...

Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.

A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...

The state Oil Fuel Fund’s huge loss of 47.7 billion baht is expected to be wiped out this year thanks to a decrease in global ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase oil production for the second time in two months, adding 411,000 barrels per day to its production quota in ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.