Oil is now hovering around $66 a barrel, prompting analysts to model scenarios where prices remain in the $60s this year or ...

However, PolitiFact found "no state has had an average gasoline price close to $1.98 per gallon in recent weeks," and one ...

India's state-run refiner Bharat Petroleum Corp (BPCL) reported a smaller-than-expected fourth-quarter profit decline on ...

Global crude oil prices are trending downwards, sparking concerns of a global recession. For India, falling oil prices could ...

Lower oil prices, weaker trading results, and operational issues like maintenance and cyclone disruptions are squeezing ...

Chinese offshore giant CNOOC Ltd reported a 7.9% year-on-year fall in net profit to 36.56 billion yuan (US$5.05 billion) in ...

The lower crude prices will have big implications for oil-producing countries and importer countries. Read more at straitstimes.com. Read more at straitstimes.com.

One key signal is that the price for oil to be delivered in June is higher than for July — a pattern known as backwardation — which often points to current supply concerns. That pricing gap is now at ...

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Mexico’s state-owned Petróleos Mexicanos, known as Pemex, has long held the title of the most indebted oil group in the world ...

Oil futures settled lower after gaining the previous two sessions, kept back by concerns about imminent output increases by OPEC+ and lack of visibility on trade relations between the U.S. and China.

This is an audio transcript of the FT News Briefing podcast episode: ‘Big Oil braces for a rough year’ Marc Filippino Good morning from the Financial Times. Today is Tuesday, ...