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The outlook for the oil market in the short term appears bearish, influenced by high inventory levels and downward adjustments in demand projections.
TC Energy's planned oil pipeline spin-off is a bet that it can supply more Canadian crude to U.S. Gulf of Mexico refiners, but the venture faces stiff competition and will carry high debt when it star
A look at the day ahead in U.S. and global markets from Mike Dolan
Fahd Hamidaddin, CEO of the Saudi Tourism Authority, says "when we say that tourism is the new oil, it's a reality."
With Brent and WTI experiencing notable declines to $82.66 and $77.95 respectively, investors watch closely for OPEC+'s next move in production policy.
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.
Wage talks between Norwegian oil firms and three labour unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year that could have hit s
Occidental Petroleum beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices.
World oil demand is expected to grow lesser this year than earlier estimates and output should grow faster than thought previously, resulting in a more balanced market, the U.S. Energy Information Adm
Higher crude prices can put upward pressure on prices for consumers at the gas pump, including during the peak summer-driving season that kicks off on Memorial Day weekend.
Israel started its operation against Hamas in Rafah, but oil markets were calm.
Israel rejected the cease-fire accepted by Hamas but has sent a delegation to Egypt to continue talks.
Oil futures edged lower early Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production.
The crude oil market is poised for continued volatility, influenced largely by the fluid situation in the Middle East.
After a rough couple of years, exchange-traded funds (ETFs) tied to clean energy generation and distribution are starting to outperform investor vehicles centred on oil and gas exploration and product
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