Iran hopes that diplomatic efforts to avert a war with the US will bear fruit within days, the Islamic Republic’s foreign ...

Trump eventually backed down, before pivoting to the lack of a nuclear deal as a reason to attack. Washington and Tehran held ...

Eight OPEC countries met virtually on February 1 'to review global market conditions and outlook', a statement posted on OPEC ...

State oil giant Saudi Aramco has been pumping more crude since around mid-2025 as part of supply increases agreed to by OPEC+, led by the kingdom and Russia. The Gulf nation churned out about 10 ...

“In the U.S., an Arctic blast has boosted heating demand, while wellhead freeze-offs have disrupted c10 percent of gas production. Adverse weather has limited solar and wind power generation, ...

Chevron's cautious stance on injecting fresh capital is a reality check on how quickly the nation's oil industry can be ...

Exxon Mobil Corp. and Chevron Corp. surpassed profit expectations as higher oil production helped offset the blow from lower ...

Mazen Salhab, Head of Market Research at MH Markets, highlighted that oil prices 'remain elevated and volatile'.

The Australian LNG-focused producer's output in 2025 exceeded guidance and set a company record but it expects a slowdown in ...

Rigzone talks to Phil Flynn, a senior market analyst at the PRICE Futures Group, and Art Hogan, Chief Market Strategist at B.

Ukraine is ready to halt strikes on energy infrastructure if Russia agrees to abide by a US proposal for a weeklong truce, ...

Major buyers including Gail India and Bharat Petroleum have been pushing for lower prices and more flexible long-term ...