Nigeria has broken up the OPL 245 oil block into four new assets to be operated by Eni and Shell , a source told Reuters, ...

Modi’s Israel trip boosts defence ties but sidelines Palestine optics. Is India shifting its West Asia balance? Explore the ...

NEW YORK — Eight countries that are part of the OPEC+ oil cartel announced Sunday that they will boost production of crude as ...

As a general rule of thumb, for every $10 a barrel increase in the cost of oil, the price of gasoline that consumers see at ...

Effective closure of the narrow waterway could spell trouble for many developed economies ...

The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.” ...

OPEC+ has a history of raising oil output to cushion disruptions, but analysts said the group currently has little spare ...

LONDON/MOSCOW, March 1 (Reuters) - OPEC+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just ...

At a Texas port known for handling record volumes of Texas-produced liquified natural gas, President Donald Trump touted importing Venezuelan oil with a Venezuelan oil tanker in the background.

NEW YORK (AP) — Oil prices rose sharply when market trading began Sunday, as U.S. and Israeli attacks on Iran and retaliatory ...

Iran hostilities move to active war, crude prices have firmed 10%. With 50% of India's oil and 54% of its LNG passing through the Strait of Hormuz, the market is bracing for a "structural" war premium ...