UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Both United States and global oil production are set to rise to slightly larger record highs this year than prior forecasts, ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...

Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Two Denver-based companies struck deals in which oil and gas assets in Utah and Canada change hands in transactions worth ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

The US Department of Energy said the current level of reserves was 4% below the five-year average for this time of year ...

Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a ...

Nigeria has cranked up its oil production to a respectable 1.8 million barrels per day, and now claims it could hit 2 million bpd of production by year's end ...

U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase ...

U.S. gasoline inventories fell to their lowest levels in two years as fuel supplies drew down unexpectedly last week amid ...