US President Donald Trump announced late Wednesday that he had reached an agreement with Pakistan that will see Washington help
Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped
Canadian oil producer Imperial Oil (IMO.TO), posted a fall in second-quarter profit on Friday, hurt by lower crude prices and
U.S. crude oil production rose to a record 13.49 million barrels-per-day in May, even as oversupply concerns pushed prices for
The European Union’s lavish pledge to buy $750 billion of U.S. energy by 2028 risks exacerbating the bloc’s already outsized
Asia’s middle distillates markets continued to be in limbo, with spot activity discussed in a tight price range, though cash
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the
Spot premiums for Middle East crude benchmarks Oman, Dubai and Murban held above $3 a barrel on Friday, the first
Oil prices were little changed on Friday and heading for a weekly gain, as investors weighed the impact of further
Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S.