The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
OPEC+ members are leaning towards another small production increase for December ahead of an online meeting on Sunday, ...
The two biggest U.S. oil companies increased production in the third quarter and reported lower but still robust profits.
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset ...
From California to the Mediterranean, abandoned groves are being restored to life in order to save shrinking towns and ...
Indian Oil Corp , the country's top refiner, has bought five cargoes of Russian oil for December arrival from non-sanctioned ...
Trump's Ukraine policy shifts from strong support to softer stance in recent weeks, reversing tough UN summit rhetoric as ...
A union is urging the government to furlough workers at an oil refinery ahead of their final day. Staff at Lindsey Oil ...
Shell reported better-than-expected quarterly earnings Thursday but is preparing for an oversupplied oil market in the year ...
Shell Plc posted third-quarter profit that beat analyst estimates, helped by a rebound in performance by its oil and gas ...
In rural Ukraine, attack drones are assembled in secret to strike deep into Russia. These drones target oil refineries, fuel ...
President Donald Trump’s U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a ...