The price of oil in the global market plunged further Friday morning to the lowest levels since 2021. Just after 11 a.m. EST, ...

West Texas Intermediate crude, the key U.S. benchmark, dropped as low as US$60.45 per barrel today, recovering some ground by ...

Hedge funds increased their bullish positioning on Brent crude to the highest in 11 months in the week before the biggest ...

Oil prices sunk 7% to a four-year low Friday, amid concerns economic fallout of President Donald Trump’s wide-reaching tariffs could put a drag on demand.

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks ...

There are indications that Nigerians would pay less for petrol as the price of Brent dropped to $65 per barrel from $69.90 ...

Already the oil market is tossing aside expectations for 2025. Goldman Sachs Group Inc, one of Wall Street’s long-standing ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...