Energy

Oil ticks upwards after Saudi Arabia, Russia stick to output cuts

Oil prices edged up on Monday as top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until...

Oil heads for weekly losses as Mideast worries ease, China demand uncertain

Oil prices fell more than $2 on Friday, on track for a weekly loss as supply concerns driven by Middle East tensions eased, while...

Oil traders pay premiums to secure 2024 Mideast crude supplies

Oil traders will pay premiums for the annual supply of most grades of Middle East crude in 2024, trade sources said, on concerns over...

World Bank sees lower 2024 oil price, but Middle East war could cause spike

The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter and fall to an...

Oil falls more than 1% as concerns about Mideast supply ease

Oil slipped more than 1% on Monday as concern eased about the Israel-Hamas war affecting supply from the region and as investors adopted caution...

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