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

SINGAPORE: Oil prices gained for a second session on Thursday, supported by worries over potential supply disruptions amid US ...

Harbour Energy's acquisition of DEA Wintershall boosts production and cash flow, offering a strategic investment opportunity in the energy sector.

(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 ...

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 ...

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

Oil prices steadied on Thursday a day after settling at multi-month highs on the latest U.S. sanctions on Russia and a larger ...

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