U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne Woodland, a AAA auto club spokeswoman said. "If demand drops, alongside low ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Crude oil prices fell at the weekend, retreating from earlier gains, after the International Energy Agency’s director warned of weaker demand in China, while the market also watched for potential new ...

U.S. crude oil inventories fell by 2.8 million barrels, exceeding estimates for a drop of 600,000 barrels.

Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, by 4.236 ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...

The Executive Coordinator of the Independent Petroleum Producers Group, Oyeleke Banmeke, has said that crude oil theft in Nigeria has reduced significantly compared to figures recorded about two to ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...