Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war ...

Oil prices have fallen to a four-year low due to a surprise output increase by OPEC+ and escalating global trade war. Brent ...

Expectations of retaliatory tariffs from other countries has sparked consternation of an economic slowdown, or possible ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Goldman Sachs and ING have lowered oil price forecasts, citing heightened risks to demand and increased OPEC+ supply. Bearish ...

West Texas Intermediate futures are down 6% this week, touching an almost two-year low of US$65.21 ($87.35) a barrel.

The plunge in oil prices on Friday presented a different layer of complexity for OPEC and its allies as it plans more output ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

Inayat-ur-Rahman, Business Editor / Reuters Eight Opec+ countries unexpectedly agreed to advance their plan to phase out oil ...

Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs ...

The combination of the tariffs and the Saudi-led response dropped Brent crude oil prices down to just $65.58 a barrel.