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Oil prices faced a weekly fall on Friday amid prospects of increased OPEC+ supply, while all three transportation fuel ...
Stock markets in the Gulf were trading lower early on Thursday, weighed down by a more-than-1.5% drop in oil prices and ...
Crude oil futures traded lower on Friday morning after a media report said that the OPEC+ is considering an increase in ...
Crude oil prices retreated after the US Energy Information Administration reported an unexpected increase in oil inventories. Geopolitical developments, including the possibility of strikes on ...
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
U.S. stocks are sinking after President Donald Trump threatened 50% tariffs on the European Union that could begin in a ...
President Trump indicated the U.S. was close to a deal in which Iran agrees to forgo nuclear weapons, sparking a selloff in ...
Shares of energy companies were more or less flat as commodity prices fell. Natural gas futures fell after reports of a large increase in underground storage. Gas futures are now down by more than one ...
Gas prices heading into the Memorial Day weekend hit a four-year low as millions of Americans prepare to hit the road.