A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo ...

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker ...

BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production ...

In 2022, Saudi Aramco was the largest company in the world by market cap when oil prices were high. It also posted record profits that year. Since then, this energy and chemicals company has made ...

Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above the OPEC+ quota it ...

Hess' liquidity backstop is very strong. The firm has $1.2 billion in cash and more than $3 billion available on its credit facility as of the last reporting period. In addition, the term structure of ...

Chevron Corporation’s CVX operations in Venezuela have hit a major roadblock as state-owned oil firm PDVSA abruptly canceled export authorizations for several of its vessels due to payment uncertainty ...

"This discovery in the deepwater Gulf of America underscores how BP is in action to step up investment in exploration and strengthen its upstream portfolio under the strategy reset announced in ...

Wall Street’s main indices bounced back strongly over the week and finished with upward momentum, with the S&P 500 adding 1.8 ...

Oil’s slump below $60 a barrel during the worst of last week’s rout had priced in zero demand growth this year, and was ...

Oil prices rise on US-Iran diplomacy and trade war lull, boosting energy ETFs. Companies like ExxonMobil and Chevron benefit. OPEC lowers demand forecast.

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...