NEW YORK: Oil prices fell roughly two per cent on Wednesday to their lowest levels since February as optimism over...

Oil prices continued to ease on Tuesday as markets tracked the outcome of potential US-Iran engagement in Doha, even as weekend missile exchanges signalled instability. This comes…

Oil prices dipped as Qatar reported positive progress in indirect Iran-U.S. talks concerning the vital Strait of Hormuz. Despite recent exchanges, tanker traffic is recovering,…

Brent crude futures fell 80 cents, or 1.09%, to $70.80 a barrel, while U.S. West Texas Intermediate crude declined 90 cents, or 1.28%, to $67.75 a barrel. In the previous session,…

NEW YORK: Oil prices fell roughly two per cent on Wednesday to their lowest levels since February as optimism over...

Oil prices drop 1pc; brokerage firm says there are growing expectations of oversupply and competition for market share is pushing prices down.