Russia is reducing the share of budget revenue derived from gas and oil production and hopes to bring down its reliance on ...

U.S. oil producer Occidental Petroleum on Wednesday flagged lower prices for its oil and gas production in the third quarter, ...

Oil futures on Wednesday stretched their losses into a second straight session to settle at their lowest in a week, pressured ...

Oil prices surged about 13% over an 11-day stretch ending on Monday. Prices fell markedly on Tuesday, however, as nearly a ...

LONDON (Reuters) -BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

U.S. stocks rose, with the S&P 500 on pace for another record close, as attention turns to the start of earnings season.

Inventories rose for a second consecutive week as production picked up and refineries reduced their capacity use, the EIA ...

Equinor ASA said Angola’s efforts to stave off a decline in its oil production by updating policy is having a positive effect ...

Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.

Ahead of a full State Senate vote on the proposal later this week, Walz spoke with KCRA 3 in a one-on-one interview.