Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand ...
Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...
Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief ...
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
OPEC and its allies, known as OPEC+, are cutting supply to support the market. The report sees OPEC+'s share of the oil ...
Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the ...
The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last ...
Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...
The FTC cited John Hess' participation in public meetings as well as private communications regarding oil supply with officials at OPEC, including OPEC ...
OPEC+ is strategically giving up some market share in the short term by limiting production in order to secure investments ...