OPEC cuts oil demand growth forecast for 2024, 2025 US dollar rises to 4-month high against other currencies Nov 12 (Reuters) - Oil prices held near a two-week low on Tuesday after dropping about ...

Moscow is working on a plan to merge its biggest oil companies into a single national champion, a deal that would tighten President Vladimir Putin’s grip on global energy markets and Russia’s ...

Crude oil prices fell for much of Wednesday morning even as major oil companies rallied. Brent crude recovered midday and was trading close to flat, while a basket of U.S. oil and gas exploration ...

Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits. The sector is still ...

OPEC remains very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said on Monday. French oil major TotalEnergies forecast global oil demand will peak ...

Copyright 2024 The Associated Press. All Rights Reserved. Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Saudi Arabia and allied oil producing ...

Synthetic oil used to be something only performance cars needed, but not anymore. Now it’s the manufacturer-recommended engine lubricant in many mainstream vehicles, such as the Subaru Forester ...

By Stanley Reed Saudi Arabia and seven other oil-producing countries said on Sunday that they would postpone plans to gradually increase oil output until the end of December, according to a news ...