Since our last report oil prices remained relatively stable. In today’s report we are to have a look at some key issues that tend to tantalise oil traders, primarily related to the demand and supply ...

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Oil prices steadied on Thursday after falling more than 1% the previous day because of a build in U.S. gasoline and diesel ...

Russia’s data show the nation kept its crude oil production below its OPEC+ target in May, according to people familiar with ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

Kazakhstan’s state oil firm KazMunayGas is exploring yuan-denominated bonds and Arab debt markets for cheaper financing, ...

New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create ...

Oil Prices Flat as Market Weighs OPEC+ Output Hikes, Canada Wildfires Oil rose, and while the market has so far managed to absorb additional supply from OPEC+, continued production ramp up could lead ...

In 1977, in the aftermath of a devastating oil embargo by Arab members of OPEC, America's political leaders called for strong action. Congress responded by creating a strategic petroleum res ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Near-term progress in a renewed nuclear agreement between the United States and Iran could add further downward pressure to a ...

NEW YORK (Reuters) - Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between ...