Occidental's recent selloff is overdone. Read why I think OXY's upside potential outweighs the downside risks in current ...

U.S. benchmark oil futures touched their highest level in nearly a week and energy stocks were a rare bright spot on Wall Street after the Energy Information Administration reported a ...

Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also taper off, due to ...

Oil demand growth is forecast to be weaker than previously projected as escalating global trade tensions sparked by U.S.

Refined product futures were ahead by less than 1% heading into the afternoon, with the May ULSD contract leading the move higher, gaining 1.2cts to $2.0773/gal. The more-active June contract was up ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...

Oil’s slump below $60 a barrel during the worst of last week’s rout had priced in zero demand growth this year, and was ...

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a ...

Oil prices plunged this week as a one-two punch of sweeping U.S. import tariffs and an unexpected OPEC+ supply hike erased $10 per barrel from global benchmarks ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

(UPDATE) LOCAL oil companies raised pump prices for the second consecutive week. The per-liter price of gasoline went up by P1.40, diesel by P1.20, and kerosene by P1.20 on Tuesday, April 1.