US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Oil prices were mixed, with Brent crude flat on $79.93 a barrel and WTI rising 0.2% to $76.48 a barrel. Crude has broadly ...

Oil prices slipped on Tuesday after a U.S. government agency forecast steady U.S. oil demand in 2025 while lifting its ...

Prices surged after the administration imposed what officials called "most significant sanctions yet on Russia's energy ...

The EIA predicts lower oil prices in 2025 and 2026 due to rising production and OPEC cuts, but the recent sanctions on Russia kept oil prices from falling.

New US sanctions targeting Russia's oil industry, including Gazprom and the "shadow fleet", have pushed oil prices higher and ...

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

Earlier on Friday, the US Treasury levied sanctions on Russian oil producers Gazprom Neft and Surgutneftegas, and imposed ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...