Oil headed for a weekly drop, weighed down by concerns the global market will flip to a glut and the impact of stronger US ...

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

Crude oil futures edged higher Thursday as a big bullish draw in U.S. gasoline inventories offset a higher than expected build in crude stockpiles. U.S. gasoline stocks fell by 4.4M barrels last week, ...

A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

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

Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...

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

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended ...

The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds ...

There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...

MOSCOW, November 14. /TASS/. The International Energy Agency (IEA) projects that oil demand will grow by 960,000 barrels per day (bpd) in 2024, the agency said in a report. Consequently, the outlook ...

it expected crude supply to exceed demand by 1 million barrels per day next year. Analysts have also expressed concerns about the potential for more U.S. oil production under the incoming ...