On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.

"The risk of supply disruptions in the Middle East are being offset by the prospect of production hikes from OPEC. Despite ...

NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an ...

Crude oil futures ended flat amid global demand concerns and Middle East conflict. Q3 was the biggest percentage drop since ...

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...

Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...

OPEC+ is strategically reducing oil supply and ceding market share with a long-term view so that the producing countries ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does ...

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of ...

US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief ...

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...