Oil prices dropped on Thursday due to weak demand in China and anticipated Middle East ceasefire, offsetting gains from lower U.S. inventor...

"The oil market was supported by speculation that if WTI falls below $79, the U.S. will move to build up its strategic reserves," said Hiro...

"Worries over weak demand in China outweighed the extension of supply cuts by OPEC+," said Hiroyuki Kikukawa, president of NS Trading, a un...

Brent crude futures for January were down 35 cents, or 0.4%, at $81.08 a barrel at 0051 GMT, while the U.S. West Texas Intermediate (WTI) c...

That move comes as U.S. oil output from its top shale-producing regions is on track to fall to 9.393 million bpd in October, the lowest sin...

Results so far have been grim. Japan reported shrinking factory activity for a third straight month in August. Euro zone business activity ...

Oil prices were stable on Wednesday with Brent crude futures up 0.1% to $76.38 a barrel and US West Texas Intermediate futures up 0.2% to $...

Oil markets saw a slight rebound in early Asian trade on Friday, as traders covered their short positions ahead of the weekend; however, ga...

Oil prices eased on Friday, extending losses from the two previous days and heading for a weekly decline, as softening U.S. economic data a...

"In the short term, demand is expected to rise for the summer driving season, but higher oil prices may intensify inflationary pressures an...

"Continued crude supply from Russia to global market also added to pressure," Kikukawa said, predicting that the benchmarks would likely te...

Oil supply should remain steady for the medium term as the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group...

"But a tug-of-war between concerns about weakening demand due to the economic slowdown amid rising U.S. interest rates and fears of supply ...

Oil prices rose on Thursday, reversing previous losses, on expectations that high natural gas prices as winter approaches may drive a switc...

U.S. crude oil and gasoline stocks rose last week, data from industry group the American Petroleum Institute showed, with crude inventories...

Brent crude futures for December dropped 22 cents, or 0.5%, to $42.94 a barrel by 0154 GMT, while U.S. West Texas Intermediate (WTI) crude ...

U.S. crude inventories fell by 4.3 million barrels to about 512 million barrels, more than analysts' expectations for a 2.7 million-barrel ...