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State giant Aramco offering 18.8 million barrels on a single day despite a global supply glut as a p...
Futures in London fell as much as 7.6 percent to the lowest since November 2002, while New York crud...
Brent crude settled down $3.80, or 11.2 percent, at $30.05 a barrel. The international benchmark fel...
Futures in New York rose about 6 percent after losing a quarter of their value Monday in the biggest...
The current circumstances may ease state-owned oil producer Pertamina’s oil import burden, she...
Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slas...
OPEC’s proposal to curb supplies by an extra 1.5 million barrels per day (bpd) until the end o...
Geopolitical tensions, trade disputes, global macro-economic concerns, and production strategy of th...
Oil prices have gained around 10 percent since early October and prices are expected to be supported...
A disruption cutting global oil supply by more than 5 percent is not just a worst-case scenario afte...