India's Russian oil imports are poised to top 1 million barrels per day in December, trade and refining sources said, defying expectations for a sharp decline as refiners have resumed buying from non-sanctioned entities offering deep discounts.

Trafigura and leading banks warn that a wave of new oil supply and weakening demand could trigger a significant global crude glut next year, pressuring prices further.

A firm controlled by a businessman tied to a seized tanker carrying Venezuelan oil has sold millions of barrels from a Chevron-operated oil field.

Oil edges lower in early Asian trade amid headwinds. “The broader pressure continues to come from surplus signals and weak spot demand,” Sucden Financial said.

Trade policies under the Trump Administration have caused a significant decline in overall Asian imports of U.S. crude oil and LNG, despite some countries increasing their purchases.

August WTI crude oil (CLQ25) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade ...

The United States launched military strikes on three Iranian nuclear facilities Sunday morning local time, an action President Trump said aimed to neutralize a threat ...

NEW YORK (Reuters) -Oil prices eased on Wednesday to a five-month low on escalating U.S.-China trade tensions and the International Energy Agency's prediction of a supply surplus in 2026. Brent crude futures fell 48 cents, or 0.8%, to settle at $61.91 a ...

It wasn't the case on Friday, but silver's surge has come at oil's expense. This chart from Bank of America notes that oil is at parity with silver (actually, a little below) for the first time in 1980.

Expert predicts Maduro's downfall as Trump intensifies pressure through comprehensive oil sanctions and strict maritime enforcement measures.