MANILA – Tighter supply conditions that persist partly due to US sanctions on some Russian oil producers are projected to ...

Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent months, reflecting both warnings ...

In its latest Short Term Energy Outlook, the EIA said Wednesday that it expects international benchmark Brent crude to average $55 a barrel in 2026, up from its previous forecast of $52 a barrel. The ...

Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 ...

In Asia, oil in floating storage soared by 20 million barrels over the past two months, to reach a total 53 million barrels, ...

Morgan Stanley raised its 2026 Brent crude forecast to $60 per barrel after OPEC+ paused production hikes, signaling market ...

OPEC+'s surprise output increase signals a strategic shift from price defense to market-share dominance, reigniting the power ...

Crude oil extended its losses on Thursday, printing a fresh pullback low of $59.04. The 20-day moving average at $59.82 was ...

The decision by Saudi Aramco to cut the price of its crude oil for Asian refiners for December cargoes has been viewed as a ...

Price increases on petroleum products ranging from P1.70 to P2.70 per liter will take effect starting on Nov. 4. In separate ...

Indonesia plans to expand its domestic biodiesel mandate from 40% to 50% by the second half of next year, Bloomberg reports, ...