Earlier Wednesday, EIA reported mixed petroleum supply and demand data for the week ended Friday, including a 5.1 million bbl drop in U.S. commercial crude oil stocks. However, distillate stocks ...

U.S. oil futures pared much of their early Wednesday declines, finding support after government data revealed a weekly crude inventory drop of more than 5 million barrels.

After years of abusing Iranian sanctions and flooding China's economy with cheap Iranian oil, China’s larger independent ...

MUSCAT: Dr Mohammed Hamed al Rumhy, who headed the Minister of Oil & Gas (later rebranded as Ministry of Energy and Minerals) ...

US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.

Permian Basin Royalty Trust has been exhibiting poor business performance since last year, with high operating costs. Read ...

Brent crude futures rose 23 cents, or 0.3%, to $73.85 a barrel by 0700 GMT, while US West Texas Intermediate crude futures gained 19 cents, or 0.3%, to $70.13 ...

Global stocks mostly rose Tuesday, with US and German indices posting records, as markets weighed Chinese stimulus hopes, ...

Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further delay ...

Despite strengthening business ties, Donald Trump and Saudi Crown Prince Mohammed bin Salman face conflicts over Iran, ...

Crude-oil futures were up by about $2 on a weaker dollar and expectations OPEC members and allied producers will again extend production cuts to support prices when they meet on Thursday. The Nymex ...