Oil steadied on Monday, giving up most of an earlier rally to a four-week high, as Hurricane Ida weakened after…
Soaring electricity demand, infrastructural issues, and a rise in worldwide gas costs have sparked an unusual rally for the world's…
Oil prices steadied near $71 a barrel, taking a breather after a strong rally in recent days as Mexico was…
Oil producers such as Exxon Mobil (XOM.N) and Royal Dutch Shell (RDSa.L) are burning off gas in the largest oil field in the United…
India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy…
Citgo Petroleum Corp on Monday reported a slim, second-quarter profit, its first in seven quarters, as higher fuel exports helped…
Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a…
Former U.S. oil investment bankers, portfolio managers and executives have formed over 20 listed blank-check companies to take renewable energy…
Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government…
Oil prices fell by about 2% on Monday, dropping for a third session, after official data showed that refining throughput…