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 ...

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

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

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

Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...

US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per barrel ...