The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would ...

The rollback is minor, at less than 200,000 barrels daily, but it seems that oil traders are so nervous about supply right now even that small change in OPEC+ output is enough to tank prices.

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Last week, the US issued new sanctions intended to hit Iranian oil exports. Oil prices barely moved on Tuesday as investors weighed the impact of US tariffs on countries buying oil and gas from ...

Oil prices tumbled after OPEC+ agreed to increase crude production for the first time since October 2022. The oil producers’ group, which is led by Saudi Arabia and Russia, said on Monday it had ...

The oil cartel has held back supply in an ... US pressure and market realities are pushing the cartel to change tactics — even as prices slide toward 2025 lows. On Monday, an OPEC+ announcement ...

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers and after calculating the change in the value of its oil over the past month, based on yields and product ...

Elliott Oil prices fell on Monday afternoon to their ... once talked about the need to fight climate change. Now, he embraces Musk, lavishes praise on the president and strives to stand out ...