Despite widespread assumptions among oil traders and analysts, physical oil market data, particularly OECD crude oil inventories, does not currently support the narrative of an imminent massive oil ...

Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an upward trajectory that seems to defy falling oil prices. Under normal circumstances, ...

Crude oil production in Alberta, Canada’s main oil-producing province, hit a record high in July as companies are boosting productivity and output as the expanded Trans Mountain pipeline expanded ...

Every Indian kitchen has its own favourite fat. Some swear by the earthy aroma of mustard oil for tadka, while others lean on sunflower oil for everyday frying. Urban homes often keep olive oil for ...

ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. By Rebecca F. Elliott In the last couple of years, the largest U.S. oil companies gobbled up ...

HOUSTON, Aug 29 (Reuters) - Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies.

HOUSTON, Sept 2 (Reuters) - Oil prices settled up more than 1% a barrel on Tuesday after the U.S. imposed sanctions targeting Iran's oil revenue stream, and ahead of an OPEC+ meeting on Sunday where ...

Indian refiners are increasing their purchases of US crude oil in August due to competitive pricing, potentially reducing the trade imbalance with the US amidst diplomatic tensions. Despite US tariffs ...

DENVER (Reuters) -U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U ...

The Trump administration has announced plans for continued military operations against Latin American drug cartels, following a US strike on a Venezuelan vessel that killed 11 people on September 2.

President Donald Trump wants to stop the killing in Ukraine, but Russia's foot-dragging is making it abundantly clear that he'll need to apply far more pressure before any serious negotiations can ...

Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.” By Jordyn ...