Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.

The crude oil markets both look like they are in the midst of trying to form a bottom at this point. The oil production numbers aren’t helping though, as OPEC continues to pump out a lot of supply in ...

Oil prices in Russia dropped to a two-year low, falling below $50 per barrel — about 40% lower than what was planned in the ...