An oil supply shock may not only be imminent but also inevitable given the tightness of the global oil market, the continued resilience of oil demand and the ever-shrinking global spare oil ...

American refiners are relying on oil supplies from the country’s biggest shale basins more than ever as flows of denser ...

Crude oil prices have sagged in recent weeks amid a surge in supplies. Some analysts are pointing to an autumn drop in global demand as the culprit. Futures on WTI crude oil, the U.S. benchmark ...

With temperatures already dropping, the US has just a 26-day supply of heating oil to draw on, the smallest store for this time of year in at least three decades.

Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don’t unwind their aggressive supply cuts, Goldman Sachs warned its clients.

A series of oil supply disruptions across the globe has helped push Brent crude prices above $81 a barrel for the first time since April.

A six-month halt to that supply could see Brent “temporarily rise to a peak of $90”, assuming other oil producers step in to fill some of the shortfall, say Goldman Sachs analysts.