U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

September WTI crude oil (CLU25) is down -0.71 (-1.11%), and September RBOB gasoline (RBU25) is down -0.0244 (-1.16%). Crude oil prices are on the defensive ahead of today's Trump-Putin summit, which ...

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...

BofA Sees Oil Surplus Growing on OPEC+ Output; Brent Below $60 in 2nd Half — OPIS Bank of America on Thursday said it expected rising production by OPEC and its allied producers would increase the ...

Dow Jones Top Energy Headlines at 7 AM ET: Crude Oil Appears Rangebound Until Clearer Signals Emerge | National ... Oil prices rose as investors looked ahead to Friday's U.S.-Russia summit, though ...

Still, Dubai is relatively stronger than Brent, keeping the price spread between the benchmarks - known as the Exchange of ...

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate ( CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude ( BZ=F ), ...

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...