"Geopolitics brings lots ‍of noise but ⁠neither the events in Venezuela nor Iran should ultimately alter the big picture. The oil market appears to be in a lasting surplus," said Norbert Ruecker, head ...

The rig will be used by MOL to perform drilling of three development wells in the offshore Yumna Field in Block 50, Oman.

By Scott DiSavino NEW YORK, Jan 29 (Reuters) - Oil prices climbed 3% to a five-month high on Thursday on rising concerns that ...

NEW YORK, Jan 29 (Reuters) - Oil prices climbed about 3% to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the U.S. decides to attack Iran, one of the ...

Oil prices rose more than 1.5 per cent in Asian trade, extending gains for a third day on Thursday, on increasing concerns ...

Gold soared to a fresh record near $5,600 on Thursday and oil prices climbed after US President Donald Trump ramped up ...

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Brent oil futures prices jumped ​on Thursday, hitting a four-month high on rising concerns of a possible U.S. ‌military ...

"The potential for Iran getting hit has escalated the geopolitical premium of oil prices by potentially $3 to $4 (per barrel) ...

The brother and sister say that California has violated their Fifth Amendment rights, as it's taken their property without proper compensation.

Kazakhstan's biggest oilfield, Tengiz, is likely to have restored less than half of its normal production by February 7 as it ...