Oil prices steadied on Friday and were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...

By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

Haitham al-Ghais is set to deliver remarks on Tuesday, as recent output increases from group members and other producers have ...

OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...

India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...

The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...

Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

U.S. oil prices were up by about 1.8% at about 11:20 a.m. ET, with the July West Texas Intermediate contract up by $1 to $64.37/bbl. The August WTI contract was 87cts higher at $63.32/bbl.