SPDR(R) S&P(R) OIL & GAS EXPLORATION & ETF News

Goldman Sachs on Wednesday said they no longer expect OPEC+ to announce a partial unwind of voluntary production cuts in June.

Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March with the Organization of Petroleum Exporting Countries (OPEC), Bloomberg news reported, citin

Oil prices moved away from multi-week lows.

The oil market was a victim of its own success, notes Carley Garner. She and Robert Yawger discuss crude oil (/CL).

Ceasefire negotiations between Israel and Hamas are continuing in Qatar, brokered by CIA Director William Burns.

Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.

Oil futures were lower Wednesday morning, losing ground after industry data showed a rise in U.S. crude and product inventories, underlining concerns around the outlook for domestic demand.

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.