U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

The U.S. will produce less oil in 2025 than previously expected as declining oil prices have prompted U.S. producers to slow ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

JAKARTA (Reuters) -Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian ...

The U.S. continues to show it’s serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter ...

Mol Nyrt., the Hungarian oil company that’s faced criticism for maintaining strong reliance on Russian energy, sees a ...

EDIRNE, Turkey -- On a grass field slick with olive oil and steeped in tradition, hundreds of boys as young as 11 joined the ...

Burly wrestlers wearing studded black leather pants and glistening with olive oil grappled for hours in the sun on a grassy ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude ...

Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...