Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the ...

Wall Street slashed EPS forecasts for oil and gas firms by nearly 19%, with sector earnings now expected to fall 25.6% ...

There are indications that crude oil prices would soon  rise to more than $90 per barrel  following the escalation of the ...

U.S. and global benchmark oil prices have lost 9% so far this year with tensions in the Middle East having eased back and as oil flows through the [key Strait of Hormuz waterway]( ...

Anderson said that news comes after talking to some large producers, who are predicting a drop in activity. North Dakota ...

The eight OPEC+ countries comprise Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman, and Russia. The group had ...

The probability of a major oil supply disruption such as closure of the Strait of Hormuz estimated from options has fallen to ...

Petroleum marketers warn that declining crude oil prices may lead to a petrol price drop, with a new pricing structure ...