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

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

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

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

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

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

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...

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

BP gas and oil production volumes are expected to have jumped over the second quarter as the energy giant continues to ...

We request the government to take urgent actions to address this situation by allowing the import of copra and coconut oil for the interim period: SEA said in a representation to concerned ministries ...

Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...

NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was ...