(RTTNews) - Crude oil prices have edged lower during trading on Friday, extending the pullback seen over the two previous sessions. After capping its biggest annual drop since 2020 last year, crude ...

Consumers could continue to see lower gas prices if oil prices decrease in the new year. The U.S. Energy Information Administration is projecting lower oil prices in the first quarter of 2026, though ...

Oil prices on Tuesday dropped to their lowest point since 2021. U.S. benchmark West Texas Intermediate was trading at about $55 per barrel, according to Business Insider’s tracker. That’s down from ...

Crude oil stocks, not including the SPR, stood at 425.7 million barrels on December 5, the EIA's latest weekly petroleum status report showed. Image by designermetin via iStock U.S. commercial crude ...

Oil posted a fourth monthly loss as traders looked ahead to an OPEC+ meeting this weekend and assessed how the potential of easing geopolitical tensions from Kyiv to Caracas may impact an oversupplied ...

The oil industry faces potentially brutal years ahead as Wall Street’s leading investment banks forecast a dramatic price collapse driven by what analysts describe as punishing oversupply conditions ...

Oil prices may plunge below $50 per barrel if a peace agreement between Russia and Ukraine lifts Western sanctions, triggering a gradual recovery in Russian oil supply and easing geopolitical risk ...

“The peace deals — we are seeing a peace dividend from that. And I think there’s a very good chance that if something happens with Russia, Ukraine, if something happens down in Venezuela, that we ...

2 days China’s Coal Output Hits Record High Even as Coal-Fired Power Declines 2 days China’s Coal and Gas Power Output Falls for the First Time in a Decade 2 days Philippines Makes Its First Gas ...

China’s second largest energy company Sinopec has reported a 29% decline in net income for the first nine months of 2025, with profits falling to 32 billion yuan ($4.5 billion). Revenue also dropped ...

Oil prices on Wednesday scored their biggest one-day gain in a month, as traders weighed how the recent drop in prices could keep a lid on the flow of global crude supplies. U.S. benchmark West Texas ...

Ukraine’s orchestrated attacks on Russian oil infrastructure seem to be having an effect. Moscow’s fossil fuel exports plummeted in the month of September, dipping to their lowest point since the ...