Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

By Clyde Russell LAUNCESTON, Australia (Reuters) -"This time it's different" is a well-worn cliché that seems to be getting ...

Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

Spot prices for Middle East crude hit their highest level in over two years due to strong demand from China and India. The ...

The API reported yet another draw in crude oil inventories, but fuel inventories continue to increase at a clip ...

US refiners are increasingly importing heavy crude oil from South America, particularly the rare Bretaña grade from Peru, to ...

Russia’s seaborne crude exports slumped to the lowest level since August 2023, with the latest dip stretching the loss since ...

Bretaña, a heavy sweet crude from the Peruvian Amazon, is gaining popularity in the US market as crude oil imports shift.

Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...