Saudi Arabia is considering a plan to phase out subsidies for gasoline and jet fuel in November at the latest, as the world’s biggest

Oil trimmed a fourth weekly decline as traders braced for the impact of Hurricane Harvey on a U.S. refining hub in the Gulf of Mexico.

Hedge-fund pessimism about crude prices is spilling into gasoline markets, even at the time of year when demand is highest. With the

Nigeria’s state oil company is in the final stage of signing $6 billion worth of deals to exchange more than 300,000 barrels per