Oil prices showed little movement in early Asian trading on August 8 but remained on track for their steepest weekly losses since late June, driven by concerns over escalating US tariffs and weakening ...

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...

Reliance Industries, India's biggest buyer of Russian oil, said in its annual report on Thursday that geopolitical and tariff-related uncertainties could hurt trade flows and the demand-supply balance ...

Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...

Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...

India requires a balanced crude oil import strategy, comprising roughly 60% medium, 30% light, and 10% heavy crude oil grades ...

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.