Crude futures give back much of yesterday's gains as the market awaits an OPEC+ decision Thursday on output levels. The group is expected to extend cuts at least until February and possibly the end of ...

U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on ...

Earlier Wednesday, EIA reported mixed petroleum supply and demand data for the week ended Friday, including a 5.1 million bbl drop in U.S. commercial crude oil stocks. However, distillate stocks ...

After years of abusing Iranian sanctions and flooding China's economy with cheap Iranian oil, China’s larger independent ...

MUSCAT: Dr Mohammed Hamed al Rumhy, who headed the Minister of Oil & Gas (later rebranded as Ministry of Energy and Minerals) ...

Permian Basin Royalty Trust has been exhibiting poor business performance since last year, with high operating costs. Read ...

Brent crude futures rose 23 cents, or 0.3%, to $73.85 a barrel by 0700 GMT, while US West Texas Intermediate crude futures gained 19 cents, or 0.3%, to $70.13 ...

Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further delay ...

Despite strengthening business ties, Donald Trump and Saudi Crown Prince Mohammed bin Salman face conflicts over Iran, ...

Will the energy cartel choose to feel the pain of lower prices now or postpone the unwinding of production cuts yet again in ...