British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...

BP is cutting around 7,700 jobs (5% of its workforce) to reduce costs and improve its financial performance for investors.

Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following ...

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

When Trump ventured a comment about foreign policy, people scoffed. What did he know! But he was right on every major issue.

Spot premiums for Middle East crude rose to their highest in more than two years as strong demand from top importers China ...

Oil prices were edging lower, but remain supported by concerns about the effect of U.S. sanctions on Russian flows and a ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and softer inflation buoyed sentiments in the ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...

As more drilling locations in the Permian are now in the hands of large listed firms, investor demands for high returns trump ...

Oil prices soar on concerns over global supply disruptions, ceasefire in Gaza, and declining US crude inventories. Sanctions ...

Canada’s energy minister came to Washington this week to warn U.S. lawmakers about President-elect Donald Trump’s tariffs ...