Crude oil stocks, not including the SPR, stood at 424.4 million barrels on December 12, the EIA's latest weekly petroleum status report showed. Image by Vladyslava Yakovenko via iStock U.S. commercial ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Russia is heading into 2026 with a familiar problem wearing a ...

Oil markets have recorded their sharpest yearly drop since the pandemic. Cuba says 32 Cuban officers were killed in US operation in Venezuela Adam Pankratz: Venezuelan oil could put Canada out of ...

LONDON/NEW YORK, Dec 31 (Reuters) - Oil prices fell on Wednesday and recorded an annual loss of nearly 20%, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased ...

The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help slow production and boost demand — potentially eating into a supply surplus ...

LONDON — Oil prices crept higher on Wednesday, while heading for a fall of more than 15% over the course of 2025, as expectations of oversupply increased in a year marked by wars, higher tariffs, ...

Global oil prices are likely to remain under pressure in 2026. Supply is expected to exceed demand by as much as 4 million barrels a day. The Energy Information Administration expects inventories to ...

BENGALURU, Dec 22 (Reuters) - An Air India Boeing 777 aircraft had to turn back after a drop in oil pressure forced the pilots to turn off one of the jet's engines, India's aviation regulator said on ...

Prices for WTI and Brent crude jumped by roughly 1.9% following a weekend of maritime conflict in both the Caribbean and the Black Sea. U.S. forces have seized a second oil tanker off the Venezuelan ...

The United States is pursuing an oil tanker off the coast of Venezuela, according to multiple reports, just a day after the Coast Guard seized a different tanker in the same waters amid a rapid U.S.

Oil futures were trading higher near midday Thursday over supply worries tied to the U.S. blockade of sanctioned Venezuelan tankers. The NYMEX January West Texas Intermediate contract was trading ...