They will not be allowed to do business with the United States of America in any way, shape, or form,” the president declared ...

President Donald Trump said any person or country that buys oil or petrochemicals from Iran will be barred from doing any business with the U.S. Trump in February ordered a “maximum pressure” campaign ...

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 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.

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

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

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

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

Crude oil prices were mostly flat by midday Thursday, regaining its footing after three consecutive days of sharp losses as market participants assessed oversupply risks due to higher OPEC+ production ...

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