QatarEnergy sharply cut the term price for al-Shaheen crude oil loading in January, trade sources said on Friday, in line with a recent fall in Middle East spot premiums.

ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...

On average, analysts expected a climb of 1.5 million barrels in crude supplies for the week, according to a survey conducted by S&P Global Commodity Insights. Late Wednesday, the American Petroleum ...

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and ...

For India, which is the world's third-largest consumer of crude oil and depends on imports to meet over 85 per cent of its ...