This has been a disastrous week for nearly all the key indicators tracked by cash buyer GMS, says the company, including the state of oil futures, freight rates, local steel plate prices, and ...

Saudi Arabia is expected to slash the prices for its crude bound for Asia in January to the lowest premium to benchmarks in five years, as the world’s largest crude exporter looks to preserve market ...

The oil in your engine can evaporate, but only under very specific — and extreme — operating conditions. These conditions occur when your engine is operating at very high temperatures, which can ...

Saudi Arabia said it will shrink its budget deficit for 2026, reflecting the kingdom’s struggles to adapt to lower oil prices. Government spending has fueled a construction spree in recent years, as ...

Engine oil is a crucial component of just about every engine, and it needs to be replaced regularly, according to the manufacturer's recommendations, to ensure the engine is working as it should.

U.S. crude oil inventories rose by 574,000 barrels, a significant decrease from the previous week’s increase of 2,774,000 barrels. This marks a reduction in the growth rate of oil stocks, indicating a ...