Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

Crude oil on Friday pared back some of its losses for week. A Thursday selloff followed a Financial Times report, citing people familiar with Saudi officials' thinking, which said the kingdom was ...

Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output. Time to wrap up, here’s a quick recap: The oil price has fallen to ...

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...

Despite Friday's small gain, both crude benchmarks are on track to fall about $3. On Thursday, crude oil prices tumbled $2 after a news report said Saudi Arabia is ready to forgo its official $100/bbl ...

Oil futures on Thursday ended at their lowest in about two weeks, pressured after the Financial Times reported that Saudi ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost production before year-end, as investors cast doubt on whether an aggressive round ...

The OPEC alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.

“If only Saudi Arabia raises its production, adding around 83,000 bpd per month, it could still create demand for two more ...

Gold prices (XAUUSD:CUR) ticked lower on Friday, however, set for their third-consecutive weekly gain. Read more details here ...

Oil prices dropped yesterday, reversing earlier gains, as news of top exporter Saudi Arabia giving up its crude oil price ...