Scott Bessent, Donald Trump’s nominee for Treasury secretary said he supports dialling up the sanctions on the Russian oil ...

Oil prices fell on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors ...

Oil prices slipped on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and as strong ...

Oil prices on the New York fuel exchange remain high due to concerns about threats to the global supply of this resource.

(Bloomberg Opinion) -- A barrel of oil fetches about $80 on the global market. Consider the power of that price: It has ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest ...

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine ...

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 ...

Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories. Concerns about ...

Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...

Oil prices were stable in early trade today, Jan. 16, after gaining nearly 3% the day before on a larger-than-expected drop ...