Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...

Occidental reported a third-quarter adjusted profit of $977 million, supported by higher domestic oil and gas sales volumes ...

Several Russian refineries have been forced to reduce operations or shut down completely due to the impact of sanctions, ...

Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...

China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...

The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short ...

At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

A new bill aims to amend India's oil and gas law, enhancing policy stability and promoting ease of business. Introduced in ...

President-elect Donald Trump wants to “drill, baby, drill,” but industry is focused on returns, Ben Cahill writes in a guest ...

The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...

As oil prices remain volatile around thelatest OPEC+ moves and ongoing demand concerns, all eyes are on the energy sector, ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...