Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Crude oil inventories in the United fell by 4.7 million barrels for the week ending December 6, according to The American Petroleum Institute (API). Analysts had expected a draw of 1.85 million ...

Algae oil is a plant-based oil derived from algae, plant-like microorganisms that live in aquatic environments. When you think of algae, you might picture the green film that floats in ponds or covers ...

LONDON, Dec 11 (Reuters) - OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China's ...

HOUSTON, Dec 10 (Reuters) - Oil prices rose on Tuesday as markets looked to rising demand in China, the world's largest buyer, and possible tight supply in Europe this coming winter and away from ...