The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions ...

In its July Short Term Energy Outlook, the agency increased its price forecast for West Texas Intermediate through the end of ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

BP expects weaker second-quarter profits due to falling oil and gas prices despite higher output and refining margins.

Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...