Indonesia will adjust its crude palm oil export tax to reduce the burden on exporters from U.S. tariffs, Finance Minister Sri ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

U.S. oil prices dropped below $60 a barrel as the global market sell-off on recession fears fueled by President Donald ...

With Brent seeing its biggest sell-off since August 2022, oil prices are under a lot of pressure as global indexes rout amid ...

U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...

Crude oil futures plunge for a second day to the lowest in four years after China announced a retaliatory tariff of 34% on ...

The Federal Government cut crude oil supplies to local refineries in March, according to data sourced from a Reuters survey. This is as the Organization of the Petroleum Exporting Countries’ oil ...

Consumers typically see a jump in gas prices as refineries switch to a summer-grade blend. However, this year could be different as crude oil prices are falling.

Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...

Oil’s sharp decline triggered a bearish weekly signal, with sellers in control. Fibonacci support at $66.20 may indicate a ...

WTI crude oil prices experienced significant selling pressure following the U.S. announcement of sweeping tariffs.