Global benchmark crude prices posted their first weekly gain in a month Friday, finding support as the U.S. looked to reduce ...

Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...

Oil prices are set to end the week higher, ignoring the prospect of a Russia-Ukraine peace deal and a broader trade war ...

The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...

Oil edged down in early Asian trade as traders digested U.S. CPI data and signs of supply pressure.

Venezuela, which once was one of the richest countries in Latin America, is now dealing with hyperinflation, migration and ...

Crude oil prices jumped at the Asian open as index futures and major currency pairs gapped lower, in response to President Donald Trump announcing tariffs on Canada, Mexico and China, and warned that ...

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He called on Saudi Arabia and its allies to reduce oil prices.

Meanwhile, comments earlier this week by US President Trump have put OPEC in a corner, with the President saying he will speak to the group about lowering prices. Oil prices received a bit of a ...

"He's going to want to muscle into some of the OPEC market share so in that sense he's kind of a competitor," Driscoll said. Oil prices slipped on Monday after U.S. President Trump called on OPEC ...

US President Donald Trump has reiterated calls for Opec to cut oil prices, linking higher prices to a prolongation of the war in Ukraine. Speaking to reporters after arriving in North Carolina to ...

Last year was a relatively calm period for the oil market. Demand was healthy while OPEC kept a tight lid on its supplies, which supported prices. However, this year could be a different story.