The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...

Suezmax and aframax tankers have increasingly been heading to Europe with Kazakhstan crude from the Black Sea as higher rates ...

Oil was down and Commerzbank Research said OPEC+’s strategy to keep prices lower to curb supply from rival producers outside the alliance and help reduce global oversupply appeared to be bearing fruit ...

Oil Ticks Lower as Traders Weigh U.S. Tariffs, OPEC+ Supply Hikes Crude futures edged lower after gaining the the previous session, as investors weigh renewed U.S. tariff threats and the OPEC+ output ...

A group of eight major oil producers – Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Oman, Iraq, Kazakhstan and ...

Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest ...

VLCC rates look poised for a strong second half of the year, according to London-based pools operation Tankers International.

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, ...

More than 85 people are confirmed dead after a flash flood swept through communities along the Guadalupe River in Texas last week.

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...