Oil prices remain steady as high inventories balance US debt bill development

Oil prices held steady on Thursday as news of rising inventories in the largest oil consumer…

Oil just shy of $120 a barrel on OPEC+ deal, Saudi pricing

Saudi Arabia raised its July official selling price (OSP) for Asia for its key Arabian light…

Fears of the Fed and oil gains tax plunge oil prices

Tight supplies have been exacerbated by declining exports from Libya amid a political crisis affecting production…

Oil stable despite OPEC+ production growth plan; supply still tight

OPEC+ on Thursday agreed to boost production by 648,000 barrels per day (bpd) in July and…

Rupee jumps 21 paise to 77.50 per dollar, recovers from record low

Rupee climbs from record low against dollar on Wednesday Mumbai: The rupee on Wednesday closed 21…

Yields jump, equities bounce back while oil prices slump

Wall Street closed higher on Tuesday as investors awaited inflation data and worried about the prospects…

Oil falls nearly 6% as China weighs on COVID lockdown

Crude oil imports by China in the first four months of 2022 fell 4.8% from a…

Oil gains more on tight supplies, US refining activity on the rise

Brent crude futures for July rose 47 cents to $114.03 a barrel, while US West Texas…

Oil slips on China’s demand, while EU weighs oil sanctions on Russia

Oil slid more than 1% on Tuesday as concerns about demand due to China’s prolonged COVID…

Oil easing due to China’s lockdown weighs in on demand outlook:

Brent crude futures were up 15 cents to $107.74 a barrel by 0410 GMT, while US…