Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the U.S., tensions in the Middle East and as buyers emerged the day after prices fell to a four-year low.

Oil prices rose more than 2 per cent on Monday after China and U.S officials claimed progress in trade talks over the weekend- the first weekly gains since mid-April. Brent crude futures climbed +1.65, or 2.58%, to $65.56 a barrel by 8:33 AM WAT on Monday. The benchmarks rose more than $1 on Friday and gained over 4% last week.

And although environmentalists say that oil consumption must drop if the world is to meet climate goals, demand is still expected to rise this year — even with a trade war. The question is how much. Analysts at Rystad Energy, a research company ...

Oil prices rose today, May 8, as markets assessed the prospects for trade talks between the world's two largest economies and amid a larger-than-expec

Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in Switzerland over the weekend,

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Oil prices rose today, May 7, supported by signs of weak production in the US and rising demand in Europe and China. Brent crude was trading up

Michigan gas prices jumped up in the past week, landing at $3.21 a gallon. Trump claims — again — he brought gas prices "down to $1.98 in many states." Analysts have said low oil prices could be a sign of looming economic trouble.