Crude oil prices have rallied further to one-month highs amid heightened fears over the escalation of conflicts in the Middle ...

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, ...

Oil futures ended higher Thursday, gaining ground alongside global equities and other assets perceived as risky, a day after the Federal Reserve delivered a large interest-rate cut and set the ...

giving the energy-rich region some respite from the impact of lower oil prices. Central banks in Saudi Arabia, the United Arab Emirates and Bahrain matched the Fed’s decision on Wednesday ...

NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset persistent Chinese demand concerns ahead of this week's U.S ...

Since 2022, given the lingering challenges hampering production in the onshore and shallow-water space, several IOCs have sold their stakes in 26 oil blocks with an average production of 346,290 ...

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 ...

The cost of gasoline and oil have been trending down in the U.S. as a tussle over energy policy continues in the presidential contest. Global oil prices fell this week to the lowest level in ...