SINGAPORE, May 20 (Reuters) - Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has ...

Europe’s soaring gas prices are making it more cost-effective to burn oil for industrial use, potentially boosting the region’s demand for barrels. Natural gas surpassed the equivalent of $100 a ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand. By Stanley Reed Eight countries that belong to the oil cartel known as ...

Hi, this is Kateryna Hodunova reporting from Kyiv on day 1,330 of Russia's full-scale invasion of Ukraine. Today's top story so far: Sixteen fuel tanks were damaged at the Morskoi Neftianoi Terminal ...

NEW YORK/LONDON, May 5 (Reuters) - Oil fell by more than $1 a barrel on Monday to settle at over four-year lows as an OPEC+ decision to expedite its output hikes stoked fears about rising global ...