Global oil inventories have swollen at a rapid clip in recent months, but given the bulk of the increase has been in the Asia ...

Oil futures extend losses to three sessions, but pull up from early lows as the EIA reports a 3.9 million barrel weekly draw in U.S. crude oil stocks following large builds the previous two weeks.

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Oil prices rose despite OPEC+ increasing output, exposing tighter-than-expected global crude and diesel markets.

Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.9 million barrels to 422.2 million barrels in the week ended July 11, and were about 8% below the five-year average for ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

Jason Bordoff said at the Aspen Security Forum that ‘some measure of security’ came from ‘the fact that we’re in a global oil ...

Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

Obsidian Energy is in talks to sell its roughly 33% stake in oil producer InPlay Oil. The Calgary, Alberta, oil and gas company said it has received a non-binding offer for all 9.1 million shares of ...

"For now, oil market indicators continue to suggest the physical market remains tight, implying the market should still be ...

Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year ...