Pressure from uncertainty a day ahead of a decision by major oil producers on output levels contributed to a decline in oil prices Wednesday, even as weekly U.S. data revealed a crude inventory drop ...

U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on ...

WTI oil is losing ground as traders prepare for OPEC+ decision, which will be released tomorrow. The nearest support level ...

U.S. oil futures pared much of their early Wednesday declines, finding support after government data revealed a weekly crude inventory drop of more than 5 million barrels.

After years of abusing Iranian sanctions and flooding China's economy with cheap Iranian oil, China’s larger independent ...

The OPEC+ producer group is edging closer to an agreement to push back a plan to revive output by an additional three months, ...

MUSCAT: Dr Mohammed Hamed al Rumhy, who headed the Minister of Oil & Gas (later rebranded as Ministry of Energy and Minerals) ...

Foot Locker (NYSE: FL) stock slumped 18% after the footwear retailer cut its annual earnings and sales forecasts as its ...

An output hike of 180,000 bpd - a fraction of the total - was planned for January from the eight members involved in OPEC+'s ...

US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.

OPEC+ is likely to extend its latest round of oil production cuts by at least three months from January when it meets online ...

Oil prices rose slightly on Wednesday, with traders expecting OPEC+ to announce an extension to supply cuts this week while ...