The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as ...

Crude oil futures fell Wednesday after OPEC lowered its oil demand growth expectations for this year, as the near-shutdown of ...

The global oil market is sending a signal that JPMorgan says most investors are misreading, and the bank has mapped out what ...

Morgan Stanley strategists say that oil prices are lower relative to other supply shocks thanks to two global forces working ...

Oil prices eased on Wednesday, snapping a three-day rally as investors awaited developments ⁠on the fragile Middle East ...

Analysts at Standard Chartered expect physical crude prices to rebound once reserve releases end and refinery demand rises ...

Chevron CEO Mike Wirth warned that global oil shortages are beginning to emerge as the Iran war disrupts shipping through the ...

The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...

The U.S. has exported over 280 million oil barrels over nine weeks, drawing down strategic reserves. Yet oil and gas prices ...

Oil prices fell Tuesday after posting sharp gains at the start of the week as fresh attacks in the Gulf raised doubts about ...

May 13 (Reuters) - Indian explorer Oil India reported a 12.4% rise in fourth-quarter profit on Wednesday, helped by higher crude oil realizations and steady production growth. • The state-owned firm's ...