Crude oil news

There seems more to the easing of oil prices than just recession fears. Oil dropped below $100 per barrel earlier this week and remained under pressure. The market mood cooled and has moved…

MELBOURNE - Oil prices slipped on Tuesday in a second day of thin trading in Asia, pulled in opposite directions by China's COVID-19 lockdowns, which could weigh on fuel demand, and…

The US and other major economies have agreed on a coordinated release of oil stockpiles after Russia’s invasion of Ukraine pushed crude above $100 a barrel. The International Energy Agency,…

TOKYO: Oil prices fell a third day on Friday as supply concerns continued to haunt the market, with OPEC likely to add more barrels amid expectations that demand is returning as more…