Stock markets in the United Arab Emirates closed lower on Friday, driven by a drop in oil prices on subsiding risks of the ...

A rather unsubtle change is afoot at the world's two leading British oil and gas majors BP (LON: BP) and Shell (LON: SHEL) - ...

Chevron Corporation CVX recently reported its third-quarter 2024 earnings, which beat estimates primarily due to production growth in key regions. CVX achieved a 7% year-over-year increase in ...

Volatility in oil markets is expected to extend into next year, the CEO of Italian energy company Eni said on Monday. Speaking at an industry event in Abu Dhabi, Claudio Descalzi said the volatility ...

Over 23% of crude oil production and 10% of natural gas output in the U.S. Gulf of Mexico was shut in by Hurricane Rafael, ...

As of 10 a.m. ET Friday, Rafael was located in the Gulf of Mexico about 230 miles north/northeast from Progreso, Mexico, on the northern coast of the Yucatan peninsula, according to the latest update ...

Operators have shut in about 408,000 barrels per day, or 23%, of the US Gulf of Mexico’s crude oil production as of Friday as ...

However, Gulfport is focusing on liquids-rich development, which increased its oil production by 68% (albeit on a small ... I ...

Former Trump official says Ukraine policy would lift Russian energy price cap while Iran sanctions ramp up and US production ...

Oil futures, however, finished higher for the week. Support was tied in part to expectations that Trump will move to more strictly enforce sanctions aimed at curbing Iran's crude exports - a move that ...

Oil futures fell Friday, with weakness tied in part to disappointment in China's latest round of stimulus measures. -- West Texas Intermediate crude CL00 for December delivery CL.1 CLZ24 fell $1.95, ...

Crude oil and refined product futures were selling off Friday morning ... a 4.95ct drop. Spot gasoline on the Gulf Coast has dropped by more than the paper markets would imply, with discounts widening ...