Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle East risk premium alongside ...

The Organisation of the Petroleum Exporting Countries has sent a new challenge for Nigeria government to achieve crude oil ...

Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia provided support while there was continued ...

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs ...

Washington is pressuring Baghdad to allow Kurdish oil exports to restart or face sanctions, as the US works to isolate Iran ...

Flows of crude oil through a pipeline from the semi-autonomous Kurdistan region in northern Iraq to Turkey could restart soon after an almost two-year shutdown. Sources told Reuters that U.S.

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

The crude pipeline from Kirkuk to the port of Ceyhan, in Turkey, was closed by Iraq in March 2023 following a dispute with ...

Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported ...

The energy-management and automation group posted higher net profit and revenue for 2024 on continued strength in energy management, beating market views. Read about Sembcorp Industries, Petronas ...

Crude futures hold onto moderate gains as near-term supply concerns are partly offset by a bigger-than-expected 4.6 million barrel increase in U.S. crude stockpiles despite a drop in net imports.

Drivers in Nevada are facing higher costs at the gas pump, with the average price per gallon now reaching $3.87. This increase is attributed to ongoing repairs ...