Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs.

Signs have emerged of increased oil imports into Asia in recent weeks, but the trade and economic uncertainties continue to ...

Through arbitrage and flexibility, traders balance markets by smoothing price spreads, storing excess supply, and rerouting ...

Whitecap Resources Inc. has officially completed its $15-billion merger with Veren Inc., creating Canada’s seventh-largest ...

Tripoli descended into chaos Monday following the reported assassination of Abdel Ghani al-Kikli, known as “Gheniwa,” the ...

U.S. tariffs and trade disputes could potentially disrupt global arms supply chains, particularly impacting the delivery of ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

House Republicans have introduced a budget bill aimed at refilling the Strategic Petroleum Reserve (SPR) and reversing key ...

NRG Energy is acquiring LS Power's natural gas generation portfolio for $12 billion, doubling its capacity amid rising U.S.

Oil prices have risen significantly due to a breakthrough in US-China trade negotiations, including tariff reductions, which ...

Oil prices soared following an agreement between the United States and China to slash tariffs, leading to increased optimism ...

Traders are selling Venezuelan crude oil as Brazilian to China to avoid US sanctions and reduce transportation costs.