Saudi Arabia, the world’s biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after Opec+ hiked output for a fourth month. However, the price cut was smaller than expected.

“Once Saudi Arabia takes the lead in accelerating output increases, historical experience suggests that the market could face ...

Pemex is the world's most heavily indebted oil company, with debt of $101 billion at the end of the first quarter. Senate pushes Russia tariffs that could jack up energy prices for American consumers ...

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...

HOUSTON: Oil prices edged lower on Wednesday after US data showed larger-than-expected inventories of gasoline ...

Fuel rates were held steady on Thursday, unchanged across most metro cities. The last major revision in petrol prices was in ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.00 during the Asian trading hours on Thursday. The WTI price edges lower as Saudi Arabia signals it may push for a ...

OPEC+ launched a major initiative to define maximum sustainable production capacity (MSC) by 2027, an iniative that could ...

Oil edged lower in the early Asian session. There is a report “indicating that Saudi Arabia is exerting considerable pressure for a more aggressive increase in oil supply by OPEC+,” XS.com said.

Oil prices settled down just over 1% on Wednesday after US data showed surprisingly large build in gasoline and diesel inventories, swelling fuel supplies with Opec+ planning more output and trade ...

Canadian exports of propane and butane grew significantly in 2024 as natural gas production increased in the country, ...