The number of oil rigs in the US increased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil grew to 480 rigs from 479 last ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

Utility Probes Connection Between L.A.'s Deadly Eaton Fire, Inactive Power Line Evidence is emerging that an inactive power line owned by Southern California Edison ignited the Eaton fire, which ...

Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, ...

International Energy Agency (IEA) is set to share insights on the India’s oil and gas sector during the 3rd edition of India Energy Week (IEW) next week here in the national capital. Besides, India ...

AltaGas and Keyera sign long-term agreements they say will leverage each company's infrastructure to increase export capacity to reach diversified markets for liquefied petroleum gas.

The US has re-imposed sanctions on Iran, targeting entities involved in the sale and transportation of Iranian crude oil to ...

West Texas Intermediate (WTI) Oil price pauses its four-day losing streak but remains on track for a third consecutive weekly ...

The government significantly subsidizes fuel as part of its broader social welfare initiatives, ensuring artificially low ...