As of Monday, this year’s fiscal average was $62.23 US per barrel. As per the budget, that’s more than $156 million less in ...

NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to ...

Through arbitrage and flexibility, traders balance markets by smoothing price spreads, storing excess supply, and rerouting ...

Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

MOSCOW, May 12. /TASS/. Global oil demand reached a record 104.3 mln barrels per day (bpd) in the Q1 of 2025, marking an increase of 1.7 mln bpd compared to the same period in 2024, President and CEO ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Oil futures added to last week’s gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day’s highs as talks on Iran’s nuclear program and the Russia-Ukraine war keep open ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

According to the official, the growth rate of global demand for gas will lag only behind the pace of development of renewable energy sources ...

Gold futures slid as the U.S. and China agreed to substantially lower tariffs, increasing risk-on sentiment in markets.

Russia's central bank sees oil prices stabilizing at $60 per barrel going forward as it expects global demand to rebound as ...