OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...

A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan ...

Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led ...

The S&P 500 has surged in a matter of days despite new predictions of a recession. Click here to find out more on the U.S.

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Tenaris aims to optimize its supply chain through the expansion of Rig Direct, a just-in-time inventory-management program that maximizes production efficiency through improved demand planning.

The Trump administration believes Iran is trying to build a nuclear bomb, an allegation that the Islamic Republic has denied.

Brent crude prices ( CO1:COM) on Thursday fell below the $60-a-barrel mark again, pressured by expectations of increased ...

Viper Energy, Inc. (NASDAQ: VNOM) ("Viper” or the "Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) ...

West Texas Intermediate oil futures are falling 3%, taking the front-month contract to less than $57 a barrel after Reuters reported that [Saudi Arabia was unwilling to continue propping up the market ...