Meanwhile, Ukraine targeted a major part of Russia’s energy setup. The attack hit the CPC terminal in the Black Sea- a key ...

The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a ...

Oil prices hovered near two-week highs on Monday, December 8, as investors expect the U.S. Federal Reserve to cut interest ...

Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut ...

OPEC member Saudi Arabia has slashed its crude oil selling price to Asia for January 2026 to a five-year low amid rising ...

Crude oil prices hover at or near four-year lows. Kansas Common crude starts the week at $48.25 per barrel, after dropping $1 ...

This is certainly not favorable news for global oil producers. On the other hand, such low prices are likely to encourage ...

Crude oil futures experienced a notable rise of over 1% due to intensifying geopolitical concerns and expectations of reduced ...

Market sentiment may be overly bearish on oil, as commercial traders are nearly net long and speculators have largely exited ...

News reports Tuesday indicate that Ukraine has agreed to key provisions of a peace proposal put forth by the Trump administration, though more details need to be worked out. The prospect of peace and ...

Through careful selection of assets and projects, Occidental has become a low-cost leader in the energy sector. Occidental is ...