One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% on an annual basis.

Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.

U.S. West Texas Intermediate (WTI) crude futures fell on Wednesday as presidential election polls were closing in the United ...

U.S. election. We look at United States Oil Fund, LP ETF (USO) and how it may react in the current environment.

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rose by 1.724 million barrels, according to API data, after rising ...

Oil prices fell more than 1 per cent on Wednesday as the dollar firmed on market bets the U.S. presidential election could ...

Vitol, Trafigura, and BP are the primary buyers of fuel produced by the Dangote refinery, Africa's largest, as it ramps up ...

Saudi Arabian Oil Company (Aramco) says its net income dropped by 11 percent to $83.9 billion in nine months, compared to $94 ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 on Wednesday. The WTI price edges lower as the US presidential election polls were closing in the United States.

Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...

China faces a squeeze on supplies of cheap Iranian crude, which make up about 13% of imports by the world's biggest buyer of oil, if Donald Trump ramps up enforcement of sanctions on Tehran after his ...