Trump’s threat comes as Europe is already grappling with the loss of diesel shipments from the Middle East, and Russian ...

WTI for November delivery gained 1.8% to settle at $92.16 a barrel. Brent for November settlement rose 3.9% to settle at $103 ...

The U.S.-Iran conflict has changed the definition of an available barrel, Ole Hvalbye, Partner at ABG Sundal Collier, told ...

Naftogaz signed a memorandum of cooperation with MND for the Czech company's potential participation in Naftogaz's oil and gas development projects in Ukraine.

Addax Petroleum has discovered oil and gas in the Ofrima North structure and gas in the Udele West structure. Both structures are located in OML137, offshore Nigeria.

The transaction supports Shell's efforts to actively shape its portfolio to ensure a resilient and increasingly competitive ...

The U.S. Energy Information Administration raised its U.S. crude oil production forecasts for both 2026 and 2027 in its latest short term energy outlook.

Engineers India Ltd., which is majority-owned by the Indian government, signed a $450 million deal with Dangote to oversee the construction of planned 700-000 barrels-per-day greenfield refinery and ...

Imperial Oil Ltd. came out against Alberta separatism, the first major energy company in the province to stake a firm position on the movement to break away from Canada.

Macquarie strategists, including Thierry Wizman, Global FX and Rates Strategist at Macquarie Group, noted that this was a 'critical week for oil'.

The European Commission has put forward a proposal for a European Union rating scheme to help ensure energy efficiency and minimize resource wastage and emissions at data centers. Concurrently it ...

Oil dipped as Saudi Arabia sought to resume flows on a vital pipeline, while traders parsed clues on the trajectory of the US ...