OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...

Marathon Petroleum reported a net loss in the first quarter of 2025 due to lower refining margins and significant planned ...

Duke Energy reported first-quarter 2025 earnings that surpassed analyst expectations, driven by higher rates and increased ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Tehran is experiencing rolling blackouts due to Iran's ongoing electricity shortages, exacerbated by rising demand and ...

Kazakhstan’s national oil company KazMunayGas (KMG) says it is fully prepared to navigate recent oil price volatility, even ...

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 million barrels in ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost ...

Saudi Arabia experienced a substantial $15.6 billion budget deficit in the first quarter of 2025, even before the recent ...

German utility Uniper has started receiving proceeds from its damage claims against Russia's Gazprom, as reflected in its ...