Trump said the price of gasoline is "down to $1.98 in many states" and told Americans to buy fewer dolls and pencils as tariffs increase prices.

Democrats have missed opportunities to stabilize the oil market in the past. When oil prices crashed during the Covid pandemic, threatening shale companies with bankruptcy, party leaders blocked a ...

IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.

Shell Plc is considering acquiring BP Plc, contingent on further declines in stock and oil prices, with a decision based on ...

ExxonMobil (NYSE: XOM) is the 800-pound gorilla in the oil sector. The oil company showcased its prowess in the first quarter ...

Shell, the British oil and gas company, is considering acquiring BP as its competitor’s stock falls and oil prices decline.

The implementation of green hydrogen projects has fallen significantly short of initial ambitions, with only a small ...

The Russian government plans to increase personal income tax by 180%, corporate income tax by 110%, and VAT by 17%.

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could ...

SHELL Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg ...

UK interest rates are set to be cut to 4.25% as the Bank of England eases costs for borrowers while it digests the impact of ...

Before June 2017, state-run oil marketing companies revised fuel prices on the 1st and the 16th of every month with the rates set based on the average international crude price and the dollar ...