Despite President Donald Trump’s calls to "drill, baby, drill,” many oil companies operating in the Gulf will likely sit on hundreds of untapped oil leases.

The energy sector has lagged the S&P 500 in the past year, but the International Energy Agency anticipates oil demand growth will accelerate in 2025. In addition, investors anticipate that President ...

Energy and Mineral Resources Minister Bahlil Lahadalia pointed out an irony on Thursday: despite being an oil-producing ...

Oil prices were held in check on Thursday by threatened U.S. tariffs on Canadian and Mexican crude that could take effect this weekeend. Brent crude futures were up 27 ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...

BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...

Oil prices were little changed on Thursday as investors focused on tariffs threatened by U.S. President Donald Trump on Mexico and Canada, the two largest suppliers of crude to the United States.

Oil edged lower as investors waited for clarity on US trade policy, after Donald Trump’s pick for commerce secretary said Canada and Mexico, the country’s top crude suppliers, may avoid high tariffs.

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...

Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid the ...

Viva's fourth-quarter 2024 Geelong refiner margin was 24% below the previous corresponding period at USD 6.70 per barrel. The refined fuel retailer is guiding to underlying 2024 group EBITDA of AUD ...