BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Oil prices steadied in early trading on Friday following a 2% drop in the previous session that was driven by U.S. President ...

Alaska finishes at the bottom of CNBC’s state competitiveness rankings in 2025 with America’s worst state economy. The state ...

US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per barrel ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1 Last Updated: July 6, 2025 at 11:00 p.m. ET First Published: July 6, 2025 at 4:06 p.m. ET ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions ...

Crude oil futures eased on Tuesday, falling Rs 6 to Rs 5,790 per barrel due to weak spot market demand. Global crude prices ...

This summer could bring the lowest gas prices in years, with the national average falling below $3 a gallon as early as ...