US President Donald Trump’s administration is reversing course and allowing US supermajor Chevron to continue pumping oil in ...

Sources at the company said that Venezuela's PDVSA, the state-run oil firm, is preparing to resume its work in its joint ...

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Oil prices eased on Friday and settled at a three-week low as traders worried about negative economic news from the U.S. and China and signs of growing supply.

Oil prices eased to a three-week low on Friday on negative economic news from the United States and China and signs of growing supply despite optimism U.S. trade deals could boost global economic ...

The permits are expected to mark a policy shift from a pressure strategy Washington adopted this year that led to oil license cancellations in March. The authorizations might not be made public this ...

The Trump administration approved a new "specific" license allowing Chevron Corporation to restart its operations in Venezuela, marking a significant shift in U ...

Oil prices eased on Friday on negative economic news from the United States and China and signs of growing supply despite optimism U.S. trade deals could boost global economic growth and oil demand in ...

An Opec+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four Opec+ delegates said, noting the producer group is keen to recover market share while summer demand ...

An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...

Sound Off is an opinion forum for Mercury readers to offer brief comments on today’s news. Submissions must be 75 words or ...

U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of ...