Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.

Coconut oil prices in India have surged 300% over the past year, prompting the country’s top oilseed association to urge the ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

The IEA on Friday boosted its forecast for supply growth this year, while also trimming its outlook for growth in demand ...

In its July Short Term Energy Outlook, the agency increased its price forecast for West Texas Intermediate through the end of ...

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...