while Brent crude futures dropped 2.09% to $74.61 per barrel. Both oil benchmarks saw a slight rebound in Thursday's Asian session but remained at their lowest levels this year. Crude oil prices ...

Over the past four years, sanctions evasion and more relaxed US enforcement have allowed Iran to boost oil exports by about 1 million barrels a day. Enforcing sanctions may slash the country’s ...

The oil market is currently balanced and demand is expected to average 104.5 million barrels per day this year, the CEO of Saudi Arabian oil giant Saudi Aramco said. "Markets tried to stage a ...

Brent crude futures were down 98 cents, or 1.3%, at $75.22 a barrel at 1428 GMT. U.S. West Texas Intermediate crude (WTI) was down 94 cents, also 1.3%, to $71.76. Oil on Tuesday traded in a wide ...