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, ...
The closures highlight the struggles of the Russian refining industry, which has been caught in the crosshairs of Ukrainian ...
Crude oil futures were on pace Friday for loss for the week, as a supply gut and a strong dollar depresses the market. U.S.
The ICE U.S. Dollar Index DXY, a measure of the currency against a basket of six major rivals, is on track for a 1.5% weekly rise and traded at its highest in a year. A rising dollar can be a negative ...
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
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.
Experts believe prices would remain bearish in the short term and might further collapse as the oil market witnesses rising ...
A new bill aims to amend India's oil and gas law, enhancing policy stability and promoting ease of business. Introduced in ...
As oil prices remain volatile around thelatest OPEC+ moves and ongoing demand concerns, all eyes are on the energy sector, ...
President-elect Donald Trump wants to “drill, baby, drill,” but industry is focused on returns, Ben Cahill writes in a guest ...
On average, analysts expected a climb of 1.5 million barrels in crude supplies for the week, according to a survey conducted by S&P Global Commodity Insights. Late Wednesday, the American Petroleum ...