The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump administration’s “Drill, Baby, Drill” goals further out of reach. In its ...

Based on increasing efficiency from US wells and accelerated production hikes from Opec+, the EIA believes Brent spot prices ...

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the ...

Oil prices rebounded after the U.S. delayed tariffs on China, with markets closely watching upcoming U.S.–Russia talks that ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

Oil prices dropped on Thursday for a sixth consecutive session after the Kremlin said Russian President Vladimir Putin would ...

Crude oil price is set for increased volatility in the new week as investors seek clarity on the supply/demand dynamics from the slated economic events.

The price of oil just did something it’s never done before — fall below $0. That’s right, the stuff that makes the world go round, the lifeblood of the global economy, was worthless.

The average price of gas dropped slightly in the past week, falling 2.2 cents per gallon, matching a similar drop nationally ...