Here is a look at what happened in oil markets in the week of May 19-23 and what the focus will be in the days to come.

Oil prices were lower on Friday, heading for their first weekly loss in a month, after reports that Opec+ is planning to ...

Global crude oil prices are likely to trade with a downward bias in 2025, according to a recent report by ICICI Bank.

Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...

The oil curve is flattening, with forward prices below $61 for 2026 and scarcely higher for 2027. What BofA has called a slow-grind oil-price war is the direct result of U.S. growth production hitting ...

Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be 45.1 million travelers, of which 39.4 million will drive.

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, ...

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...

Jersey drivers will see higher gas prices to start the summer driving season, but two experts explained why those highs won't last.

During mid-morning trading, West Texas Intermediate ( CL=F) futures rose 0.1% to hover near $62.10 per barrel, erasing gains of more than 1.5%. Brent crude ( BZ=F ), the international benchmark, was ...