since it has become increasingly difficult to find and develop new oil reserves in recent years. As a result, the price of oil has a strong influence on international economic development ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Crude oil inventories in the United States saw a build of 4.1 million barrels during the week ending February 7 ...

At that time, the price of crude oil fell by more than half in under a year, reaching lows that had not been seen since the last global recession. At the time, many oil executives believed it ...