WTI futures traded around $73.94 per barrel, as of 9 a.m. ET. That’s an increase of 3.37% in the last 24 hours.

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing increased their price by $3.61 ...

WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...

State-run fuel companies may soon cut petrol and diesel prices if global oil prices remain low, according to Oil Secretary Pankaj Jain. Petrol and diesel prices may soon be cut if global oil ...

The International Energy Agency predicts a sustained decline in oil prices due to weak demand and increased non-OPEC supply. China's economic slowdown is a major factor in the falling oil prices ...

This week, oil prices hit their lowest level in about three years, a milestone that comes after six weeks of consecutive price drops. As global events that contributed to higher gas prices in ...

NEW DELHI: Even as crude oil prices declined below $70 a barrel for the first time since December 2021, analysts believe that petrol and diesel prices in India are unlikely to come down anytime soon.

Oil prices are on the retreat, a welcome sight for those anxious about a US downturn. Brent crude, the international benchmark, dropped as low as $68.78 a barrel on Tuesday. That puts the ...

The US Energy Information Administration (EIA) has forecast that oil prices for Brent crude, one of the most traded benchmarks, will climb above $80 per barrel (bbl) this month, following a drop ...

Oil prices have faltered in recent weeks because of geopolitical tensions and potential weather-related production changes. That prompted OPEC+, which comprises OPEC countries and others ...

Oil prices plunged on Tuesday to hit their lowest level since December 2021. Prices for brent crude, the international benchmark, fell 4% on Tuesday to $68.99 a barrel, representing a significant ...

Despite OPEC+'s decision to delay a planned output increase, oil prices continue to fall due to ongoing demand concerns. Rising global oil supply and weaker-than-expected demand have made traders ...