Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by ...
CNOOC reported an 11.4% increase in net profit for 2024, driven by record oil and gas production, which compensated for lower ...
The East African Crude Oil Pipeline (EACOP) project has secured its first tranche of external financing, amounting to $1 ...
Oil prices were steady on Thursday as markets assessed new U.S. tariffs, while concerns about global supply kept prices near ...
“The news around Trump’s tariffs on autos may actually turn out to be a net positive for crude oil because the rise in new ...
Oil prices edged up on Thursday on concerns about tighter global supply after U.S. tariff threats on Venezuelan oil buyers ...
Global crude oil prices have declined over 10% from their peak this year amidst concerns of oversupply and lack of demand.
Kang Wu, Global Head of Oil Demand Research at S&P Global Commodity Insights, said that fundamentally, there is adequate oil supply coming to the market.
Shell is a flexible energy company. Click here to read why SHEL stock is an attractive investment in the oil and gas sector.
Many oil analysts have targeted a shaky final nine months for 2025 and longer, but Goldman Sachs in a report sent to clients Wednesday suggested that futures and options markets are largely "apathetic ...
The blunt responses stood in contrast to oil executive public remarks at the industry’s big energy conference in Houston.