Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas ...

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in ...

S&P 500 giant Exxon Mobil went against the industry grain and boosted its capital spending outlook. The recent industry ...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Read why Warren Buffett has been buying Occidental Petroleum (OXY) shares and why you should consider investing in the ...

Asian stocks were mixed on Wednesday as fresh signs of a resilient U.S. economy clouded the outlook for U.S. rate cuts in 2025.

HOUSTON - Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than oversupplied this year, ...

Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than oversupplied this year, despite ...