Brent crude futures gained 53 cents, or 0.7%, to $80.15 a barrel.
Oil prices rose Monday after posting a loss last week following the OPEC+ decision to increase production later this year.
Oil prices are headed higher this summer, according to Goldman Sachs analysts. Demand from China and Strategic Petroleum ...
Most stock markets in the Gulf were up in early trading on Monday, led by the Qatar index, as hopes of rising fuel demand ...
Goldman Sachs sees the price of Brent crude rising to $86 per barrel this summer due to strong consumer demand.
Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Crude oil prices moved higher earlier today ahead of the OPEC+ meeting on Sunday, with most ...
Crude oil futures rebounded slightly Wednesday but hovered near a four-month low as a decision by OPEC+ to increase ...
Oil futures on Thursday were on track to post back-to-back session gains as worries about the outlook for U.S. economic growth faded, though concerns remain about fuel demand as the summer travel ...
Oil prices increased on Friday, continuing their upward trend after Russia and Saudi Arabia, two OPEC+ members, said that they would cut down oil production. A cut in interest rate by European ...
Diesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from ...
Lack of rainfall and continuing hot and humid weather in the state led to a rise in vegetable prices by 50 to 100% in the last one week. Consumers feel the burden of skyrocketing prices not only for ...
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices soar and ...