Concerns over the economic fallout from intensifying trade tensions between the United States and China—the world’s top two ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Russia's Economic Development Ministry downgraded its 2025 forecast for Urals crude, Russia's major oil export brand, to $56 ...

Brent is on track for the largest monthly loss since 2021, with prices battered by tit-for-tat tariffs between the US and its ...

Iraq's oil exports exceeded 106 million barrels, marking a significant achievement for the country's oil industry. The ...

Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a ...

The country hopes to leverage its offshore oil discoveries to address economic challenges and reduce poverty, drawing inspiration ... capacity of 220,000 barrels per day, is targeting a 760 ...

The recent handling of Nigeria’s naira-for-crude oil sales to local refineries has brought long-standing gaps in the nation’s ...

Oil dropped as the global trade war hurt the outlook for demand, with data indicating signs of strain in the US economy. Most ...

Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures ...

Oil prices fell more than 1% at Monday's open in Asia after nuclear talks between the United States and Iran progressed, easing supply concerns. Brent crude futures slipped 78 cents, or 1.15%, to $67.