A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip ...

Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected U.S. GDP data.

Hess reported a drop in first-quarter profit on Wednesday, hurt by lower oil prices, though the shale producer still managed ...

Countries across the Middle East and North Africa face significant challenges to economic growth as the region faces economic ...

West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...

Crude oil prices experienced a rebound due to China signaling willingness to negotiate tariffs with the US, despite being on ...

ExxonMobil (NYSE: XOM) is the 800-pound gorilla in the oil sector. The oil company showcased its prowess in the first quarter ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Online meeting set for 1000 GMT today Full ministerial meeting scheduled for May 28 Oil prices have fallen to four-year low ...

Trump claimed last month that gasoline prices had fallen as low as $1.98 in a couple of states. On Friday, Trump voiced a similar assertion on social media, saying, "Gasoline just broke $1.98 a Gallon ...