Despite a slight bump in their stock prices on Friday, oil majors ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are down ...

Oil prices edged lower in early trading as prospects of increased supply from OPEC+ offset risks of supply disruptions in the Middle East. OPEC and its allies are set to gradually unwind some of its ...

Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...

West Texas Intermediate (WTI) US crude Oil prices come under heavy selling pressure on Tuesday and drop to a nearly three-week low, around mid-$66.00s during the first half of the European session.

OPEC+ is strategically giving up some market share in the short term by limiting production in order to secure investments ...

Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.

Israel launched a ground offensive against Hezbollah targets in southern Lebanon on Tuesday in a marked escalation of ...

The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the ...

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

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand ...

FTC’s latest findings bolster claims of collusion among shale producers raised in ongoing Congressional probes and major ...