Crude oil inventories in the United States fell by 3.6 million barrels during the week ending June 6, according to new data from the U.S. Energy Information Administration released on Wednesday.

Brent crude climbed back above $68 a barrel after President Trump’s comments on a trade deal with China fueled market optimism.

Brent crude rose 1.2% to $67.85 per barrel, its highest level in seven weeks • Market optimism grows as the U.S. and China resume trade discussions in London • Saudi Arabia plans to slightly cut oil ...

Russia is shrugging off European Union plans for an even lower price ceiling on its oil exports, the TASS news agency ...

MOSCOW, June 11. /TASS/. Brent oil futures with delivery in August 2025 moved up above $68 per barrel on the London-based ICE for the first time since April 23 of this year, according to market data.

A ban on the return of the Nord Stream pipelines and sanctioning of more vessels in Russia's shadow fleet are also among ...

Nine different Greek operators were responsible for 40% of loadings from the key Baltic port of Primorsk over the last month, ...

With U.S. benchmark oil prices dipping below $60 per barrel last month, some producers are recalibrating their drilling plans and dropping rigs. Click to read.

The US oil body expects Brent Crude prices to fall to an average of $61 per barrel by the end of 2025 and to $59 per barrel ...

The tech-heavy NASDAQ Composite gained 0.6%, the blue chip Dow Jones Industrial Average rose 0.3%, and the broad-based S&P ...

Consumers should brace for another round of oil price hikes next week, with the Department of Energy (DOE) projecting an ...