Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...

EIA says Brent slid from $79 in January to $63 in December, with a $69 annual average—the lowest since 2020—as supply ...

OPEC+ policy acted as an "accelerant, rather than the sole driver," for oil's losses this year, said Rebecca Babin of CIBC Private Wealth. The world has more oil than it needs, but a drop in crude ...

Despite the dramatic arrest of Venezuela’s president, oil markets quickly concluded that years of underinvestment and ...

NEW YORK - APRIL 15: Traders call out during activity in the crude oil options area on the floor of the New York Mercantile Exchange April 15, 2008 in New York City. Oil prices set a new record high ...

The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...

LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings over rising oil supplies as well as concerns about ...

LONDON, Oct 22 (Reuters) - Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely ...

Crude oil prices edged lower on Wednesday ahead of the Fed interest rate decision. While the market is increasingly confident of an interest rate cut of 25 basis points, a hawkish guidance, or at ...

Discover everything about the Saudi Riyal (SAR), from its historical origins and fixed USD exchange rate, to its impact on the Kingdom's oil-based economy.