The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

OPEC+ oil producers are, on the other hand, set to approve another big output boost for September as they complete both the ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...

BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.