Oil prices steadied on Friday and were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...

By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...

CALGARY - More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...

India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...

Dangote Petroluem Refinery has looked to the United States for crude oil as its processing level increases while Nigeria ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

West Texas Intermediate rose 0.8% to settle above $63 a barrel after China’s official news agency reported that Presidents Donald Trump and Xi Jinping spoke over the phone. The conversation is ...