Wall Street stocks were flat on Wednesday after data showed consumer price inflation rose last month. At the opening bell, ...

The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...

Oil rebounded on Wednesday on short-covering after prices fell near a two-week low in the prior session on OPEC's demand ...

The Nymex December RBOB contract was 0.65ct lower at $1.9565/gal and the January contract was off by 0.75ct at $1.9285/gal. The December ULSD contract was down by 0.8ct at $2.2025/gal and January ULSD ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.

Oil prices pared losses from earlier in the session to trade higher on near-term supply risks as market looks to maintain ...

Another month, another downward revision for global oil demand from Opec — but tanker owners should fear not, according to ...

Asian stocks slumped on Wednesday as a sharp rise in U.S. bond yields unnerved investors ahead of key inflation data that ...

0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...

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

Crude oil futures edge higher amid concerns over demand and OPEC's lowered growth forecasts. Oil industry calls on President-elect Trump to scrap many Biden climate and energy policies.

TASS/. OPEC+ countries slashed oil production by 283,000 barrels per day (bpd) in October 2024 and were producing below the target by 154,000 bpd, the OPEC said in its November report. The OPEC+ ...