The US strategic petroleum reserves are the world’s biggest, standing at about 688 million barrels, a week’s worth of global oil demand. Photograph: Getty Images

Oil prices fell on Tuesday after US president Donald Trump proposed the sale of half the country’s strategic oil reserves, even as producer club Organ(...)

Opec raised its forecast for tight oil output to 5.19 million bpd in 2020, up from 4.50 million bpd in its 2014 report

Oil prices rose on Wednesday, underpinned by an unexpected fall in US crude inventories but were still close to multi-year lows as supplies remained a(...)

A pump jack is seen at sunrise near Bakersfield, California. With oil, copper and coal trading around their lowest levels since the global financial crisis, some investors are betting that the bottom may be close for these critical commodities and have increased their long positions in the market.

With oil, copper and coal trading around their lowest levels since the global financial crisis, some investors are betting that the bottom may be clo(...)