Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China.

ANZ senior commodity strategist Daniel Hynes said in a note, "The prospect of further hikes in OPEC supply continues to hang over the market." Still, there may be a wide gulf between perceptions of ...

A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled and is struggling to reach an ...

Oil ticked higher, rising for a fourth straight day, on investor optimism around extended trade talks between the US and China, and signs of near-term tightness in the physical market.

There's no peak in global oil demand on the horizon and it will take trillions in investment in the coming decades to meet ...

There is no peak in oil demand on the horizon and global demand could surpass 120 million barrels per day by 2050, says the ...

The EIA expects production to average a little above 13.4 million barrels a day this year, and just under 13.4 million ...

The Saudi allocations could be an early sign that the unwinding of OPEC+ production cuts might not result in much additional ...

State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Nigeria and Saudi Arabian oil company Aramco are struggling to reach an agreement on a record $5 billion oil-backed loan ...