Oil prices surged nearly 2% on Friday, marking their first weekly gain since mid-April, fueled by optimism surrounding a U.S.

Overnight, oil prices in both markets rose, with US crude up 1.92% and Brent crude up 1.65%. Weekly gains were also recorded for the first time since mid-April, with US crude up 4.75% and Brent crude ...

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

Oil prices rose around 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with ...

Oil prices rose on Friday, poised for a weekly gain as trade tensions between top oil consumers China and the United States ...

OPEC produced 26.6 million barrels per day last month, which is 30,000 barrels less than the total oil output in March. Iran ...

OPEC oil output edged lower in April, led by a cut in Venezuelan supply. The reduction comes despite OPEC+ beginning in April ...

Canadian Natural Resources reported a first-quarter profit of C$2.4 billion, surpassing analysts' estimates. This strong financial result was bolstered by record production levels, with the company ...

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United ...

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking ...

The answer goes beyond Opec leader Saudi Arabia’s need to punish over-producers of oil like Kazakhstan and Iraq. With Trump ...

In EIA’s forecast, increasing oil production outpaces annual oil demand growth. Rising inventories globally will result in ...