"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
Sluggish demand from China and oversupply worries will keep oil prices anchored below $80 a barrel this year, a Reuters poll ...
Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump ...
Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect ...
Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, after lower crude prices offset the ...
Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking next week.
The Dangote Refinery has slashed its ex-depot price for premium motor spirit (PMS), better known as petrol, from ₦950 per litre to ₦890.
One chart shows why US gas prices could spike under Trump's tariff plans.
Oil prices stabilized after a brief jump due to a threat to Libyan oil exports, but uncertainty remains due to potential US ...
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...
"With oil prices reaching their highest point since July last week, it was inevitable that gasoline prices would start to ...