Essam al-Marzouk,Kuwait’s Oil Minister said OPEC and its partners may not need to extend the November 2016 crude oil production cut

By Nick Cunningham     With Brent oil prices hovering right around $55 per barrel—the highest level in months—the oil market

Oil prices were steady Tuesday, as traders weighed up the dampening effect on demand of Hurricane Irma versus refinery restarts in the

Oil prices rose Friday as the U.S. petroleum industry braced for Hurricane Harvey, which could become the biggest storm to hit the

Oil prices fell Monday as a slowdown in Chinese refining raised concerns about demand in the world’s second-biggest consumer,

Saudi Arabia’s state budget deficit shrank by a fifth from a year earlier in the second quarter of this year as revenues rose

*Analyst see prices averaging $54 in H2… Oil prices were lower on Tuesday as market players took profit after eight straight

Oil prices inched up on Monday amid anticipation that the oil glut may abate as refineries come back online later in the year, a

Saudi Arabia’s announcement that it would cut its crude oil supplies to Asian buyers in July pushed prices up today. Brent crude

Oil prices pared losses on Thursday, having hit one-month lows earlier in the day after unexpected surge in U.S. inventories and the