State-run explorer Oil India reported a third-quarter profit that missed analysts' estimates on Friday, as lower selling prices outweighed buoyant demand in the world's third-biggest oil consumer.

European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...

Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to ...

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

“So, OPEC ought to get on the ball and drop the price of oil. And that war will stop ... which is basically a baseline break-even point?” The Saudi and Russian relationship is complicated, though the ...

“So, OPEC ought to get on the ball and drop the price of oil ... a baseline break-even point?” The Saudi and Russian relationship is complicated, though the countries have cooperated on ...

But lower oil prices reduce profitability, especially for producers operating in high-cost regions like Alaska. “With estimates putting breakeven oil prices for new wells in key oil-producing ...

"With estimates putting breakeven oil prices for new wells in key oil-producing ... doing this at the end of last year to bring some countries in line with cartel policy, as some state, such ...

Oil stocks are often ... of the Petroleum Exporting Countries), a cartel that works to coordinate members' oil policies. OPEC's actions can significantly affect the price of oil.