Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt...
Saudi Aramco, the world’s largest oil exporter, lowered the pricing terms for Arab Light sold to Asia by the most in 10 months as refineries grapple...
The bullish spirit that gripped oil traders as industry giants from Saudi Arabia to Goldman Sachs Group Inc. declared the supply glut over is rapidly ebbing...
Brent crude surpassed $50 a barrel for the first time since November on signs a two-year surplus is coming to an end, lifting commodity companies and...
Oil prices held gains after the U.S. Energy Information Administration reported a surprise build in crude stockpiles. U.S. commercial crude inventories rose by 1.3 million barrels...
Oil continued its rally on Monday, reaching a six-month high after supply disruptions in Nigeria moved the market into deficit. The rebound from a 12-year low...
While markets remain relatively calm ahead of Friday’s Non-Farm Payrolls report, after several days of losses in US stocks, which have taken “sell in May” to...
Oil Plunged to almost two months low as Saudi Arabia and Iran pulled out of oil-freeze discussions to cap production on Sunday. Currencies of oil exporting...
OPEC Members and other oil nations failed to reach an agreement on limiting supplies at a meeting in Doha, Qatar on Sunday. The summit saw the...
Oil erased its gains for the year in New York as Saudi Arabia’s deputy crown prince said the kingdom will only freeze production if Iran and...