Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits.

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...

Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...

The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...

OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...

The government stopped publishing official output figures after November 2023, just weeks before its departure became ...

Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...

Iran’s crude oil production rose by 44,000 barrels per day (bpd) in September, reaching 3.25 million bpd, according to the latest monthly report from the Organization of the Petroleum Exporting ...

Angola will sign an exclusive agreement with Shell for the exploration and development of several offshore and ...

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.