OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...

President Donald Trump said he would impose secondary sanctions on nations or companies buying Iranian oil, ratcheting up ...

The site on the south bank of the Firth of Forth is home to the UK's oldest oil refinery, dating back to 1924. It is being ...

President Donald Trump is threatening sanctions on anyone who buys Iranian oil. That warning comes after planned talks ...

Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip ...

Oil prices fell on Friday as traders squared positions ahead of an OPEC+ meeting and amid some caution about a potential ...

Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The ...

The major oil companies’ results were hurt by narrow refining margins, lower oil prices and rising costs.