U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row to the lowest since October 2021, energy services firm Baker Hughes said in its closely followed ...

In the event, Monday proved a turning point. Tehran didn’t close the strait. Instead, it fired missiles on a nearly empty ...

Tabora. In a major boost to local capacity building, East African Crude Oil Pipeline (EACOP) Ltd and WASCO ISOAF have awarded 124 full scholarships to Tanzanian youth through the EACOP and WASCO ISOAF ...

Oil flows on the Transneft pipeline network, which handles 80% of all the oil Russia produces, fell last year and continue to ...

Oil prices rose on Friday but were set for their steepest weekly decline since March 2023, as the absence of significant ...

The recent oil price spike ended as routinely as it arrived after hostilities ceased in the Middle East. So, where next for ...

Trump has suggested that China is free to buy oil from Iran if it wants, but urges Beijing to purchase more U.S. crude ...

Iranian defense chief joins China-led talks as Tehran deepens military ties and ramps up oil exports to Beijing amid U.S.

The gains on Friday were broad, with nearly every sector within the S&P 500 rising. Nike soared 15.3% for the biggest gain on ...

Thus, the world saw a price spike which, despite being widely predicted by many smart people, didn’t happen, and the reasons ...

Bankers from both supermajors have been engaged in early merger talks with discussions moving slowly, the Wall Street Journal reported on Wednesday, a situation denied by Shell that said “no talks ...

Oil prices were edging higher in early trade, but remained on track for steep weekly losses as the geopolitical risk premium ...