U.S., allies work to reach agreement on price level for Russian oil cap ahead of Dec. 5 deadline
admin WASHINGTON—The U.S. and its partners are rushing to hammer out an agreement on a level…
Read MoreOil
Oil on track for weekly fall amid recession fears
Oil prices declined on Friday, contributing to a loss for the week, as worries over…
Read MoreOil slumps after hot inflation reading, while IEA warns of global recession
Oil futures fell Thursday after a hotter-than-expected consumers price index reading was seen forcing the…
Read MoreOil loses ground after OPEC cuts forecasts for demand growth
Oil futures gave up modest gains Wednesday after the Organization of the Petroleum Exporting Countries…
Read MoreAsian stocks moving lower in wake of latest volatile session on Wall Street
TOKYO (AP) — Asian shares were mostly lower on Wednesday following another volatile day on…
Read MoreU.S. warned Saudi Arabia that OPEC+ production-quota cut would make it Russia’s ally in Ukraine. The Saudis were unmoved.
RIYADH, Saudi Arabia — Days before a major oil-production cut by OPEC and its Russia-led…
Read MoreBiden says Saudis will face consequences over OPEC+ production-quota cut that aids Russia and harms Americans
WASHINGTON (AP) — President Joe Biden said Tuesday there will be “consequences” for Saudi Arabia…
Read MoreOil prices down a second session as IMF’s world economic outlook feeds recession fears
Oil futures fell for a second day Tuesday, unwinding part of the previous week’s sharp…
Read MoreOil prices tick lower after weak China data sparks demand fears
Oil futures traded lower Monday following their strongest weekly gains since March, losing ground after…
Read MoreU.S. oil futures up a 5th straight session to gain nearly 17% for the week
Oil futures climbed for a fifth session in a row on Friday, with prices for…
Read More