Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

OPEC+ shocked markets with surprise production increases starting August, potentially delivering relief to American drivers ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Russia's revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching $13 ...

US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

US sanctions could be announced early next week as Trump signals an increasing frustration with Putin’s refusal to end his ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.

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BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...