Abu Dhabi faces less financial pressure to keep prices high and has been keen to deploy new investments in production ...
As part of its Exxon deal review, the US agency uncovered comments Scott Sheffield made to Texas rivals suggesting they ...
A key federal regulator has approved US supermajor ExxonMobil’s $64.5 billion acquisition of producer Pioneer Natural ...
Saudi Arabia’s statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...
As the global oil market eagerly anticipates the upcoming OPEC(+) production decision—a potential shift in the current production cut strategy—most eyes are on Saudi Arabia or Aramco leaders.
Brent crude futures saw a slight increase in April, while WTI crude futures experienced a minor decline. Market tensions ...
With high US crude output, Brent crude futures for June, which expire on Tuesday, were last down 60 cents, or 0.7 per cent, ...
The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting ...
Investing.com-- Oil prices rose Thursday, recovering from near two-month lows, helped by talk of an extension of OPEC+ supply cuts. At 08:20 ET (12:20 GMT), Brent oil futures rose 1% to $84.28 a ...