News

Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output ...
This potential surge in supply comes at a time when the market is already anticipating a surplus, further pressuring prices ...
Oil dropped over 2% on Thursday as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply, ...
Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move ...
Domestic crude production has gone down about 200,000 barrels a day since the first of April. Output rose slightly last week, ...
U.S. supplies of natural gas in storage climbed by 120 billion cubic feet (bcf) for the week ending May 16, lifting total inventories to 2.375 trillion cubic feet — 90 bcf above the five-year average, ...
World shares were mostly lower Thursday while oil prices fell more than $2 as traders bet on a possible U.S.-Iran nuclear ...
Nearly 40 million Americans are expected to hit the road on Memorial Day weekend and filling up at the pump is going to ...
PTT Plc plans cost cuts and efficiency boosts to offset US tariffs, falling oil prices, and struggles in refining and ...
A protracted slump in crude prices has ratcheted up the pressure on Big Oil’s commitment to allocate cash to shareholders.
The state-owned Oil and Natural Gas Corporation (ONGC) reported a 35% decline in net profit for the March quarter, due to lower oil prices and stagnant production. Despite the drop, ONGC continues ...
Gas prices are tracking low this Memorial Day weekend – the lowest they've been in years, according to the American ...