Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open the floodgates of global crude supply.

The West Texas Intermediate for August delivery gained 40 cents, or 0.59 percent, to settle at 68.33 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery went ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

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West Texas Intermediate (WTI) crude prices remained subdued on Friday, trading near the mid $65 range amid thin holiday ...

Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output ...

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...

HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data ...

The price of Kuwait oil went down 9 cents to US$69.98 per barrel on Tuesday, compared to US$70.07 per barrel last Friday, as Kuwait Petroleum Corporation stated on Tuesday.Brent Crude rose by US$1.28 ...

KUWAIT -- The price of Kuwait oil went up by USD 1.05 to USD 70.10 per barrel (pb) on Thursday as opposed to USD 70.10 on ...