Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of 2025, Bloomberg ...

Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...

In the twentieth century, oil and its accessibility were one of the greatest geopolitical advantages a nation could have. Oil ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has reaffirmed the country’s push to attract more strategic investments into its oil sector, positioning Africa’s ...

Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...

HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

HOUSTON] ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about US$1.5 billion as a volatile ...

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...

Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...