Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.

Motorists in Preston are being urged to fill up sooner rather than later as rising tensions in the Middle East push up fuel prices.

Since the world climbed out of the worst of the pandemic, the price of oil has been unusually stable. In fact, 2024 marked one of the most stable years for oil prices in decades. The trend has ...

Crude oil prices rose and oil futures ticked upward. The IEA has trimmed its 2025 oil demand growth outlook and raised its production growth estimate.

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Stock markets in the United Arab Emirates rebounded on Friday, led by gains in oil prices, while U.S. tariffs and possible ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

Energy prices have seen increased volatility over the last month due to developments in the Middle East. Read more here.

The Ministry of Energy and Mineral Resources stated that geopolitical tensions and increased demand triggered increasing ...

As the world’s petroleum producers increase the global supply of oil, one market watcher says resilient demand for crude ...

Credit ratings agency Moody's upgraded Oman's long-term issuer and senior unsecured ratings to "Baa3" from "Ba1" on Thursday, ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...