Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...

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According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

US sanctions could be announced early next week as Trump signals an increasing frustration with Putin’s refusal to end his ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...

More bullish signals on Friday included Saudi Arabia said to be ready to ship about 51 million barrels of crude oil next month to China, its biggest shipment in over two years; and Moscow announcing ...