Oil Suffers Monthly Loss as Trump's Tariffs Make Beijing Request Negotiations With U.S.

U.S. benchmark oil prices (CL.1) fell 18.6% in April - their biggest monthly loss since November 2021 - with some members of OPEC+ set to Saturday, two days earlier than previously planned, according ...

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...

Oil prices on Friday were track for a weekly loss of 7%, failing to find support from broad [gains in the U.S. stock market]( ...

Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make ...

Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...

Crude oil prices are headed for their worst monthly drop since 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge.

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...