Saudi Arabia increased oil production. All of these actions are for the purpose of stimulating. The reason they are stimulating is that I believe a large majority of consumers can't afford the ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...

Oil futures pick up some ground after the previous day’s selloff, while ending the week lower on concerns about flagging global demand and prospects of increased supply after a report that Saudi ...

The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to tech stocks after last week’s long-awaited rate cut from the Federal Reserve ...

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 ...

Here's a look at what happened in oil markets in the week of Sept. 23-27, and what the focus will be in the days to come.

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

According to Anton Kobyakov, the current world is unable to exist without Russian energy, since Western countries, half of Eastern Europe, officially buy Russian energy resources ...

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