Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Backwardation occurs when the nearby price of a commodity is higher than prices for future delivery. In a monthly report ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...

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

Former Trump official says Ukraine policy would lift Russian energy price cap while Iran sanctions ramp up and US production ...

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

"I am not so sure who would Opec prefer but a trade war would mean lower demand," Leon told AFP, adding a trade war was ...

Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...

Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle ...

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a ...

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 ...