Oil was down and Commerzbank Research said OPEC+’s strategy to keep prices lower to curb supply from rival producers outside the alliance and help reduce global oversupply appeared to be bearing fruit ...

Libya's National Oil Corp (NOC) announced on Monday that agreements have been reached with oil majors BP and Shell.

Oil prices remain at a level that ensures a handsome cash flow and dividend for Devon Energy. APA is an exploration and ...

In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

Oil prices retreated on Tuesday, having climbed almost 2 per cent in the previous session, as investors assessed the latest ...

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

The FTSE 100 and European indices struggled for direction at the opening bell on Tuesday as president Donald Trump again ...

Brent crude futures dipped 22 cents, or 0.3%, at $69.36 a barrel by 0630 GMT. U.S. West Texas Intermediate crude fell 27 ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...