Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has reaffirmed the country’s push to attract more strategic investments into its oil sector, positioning Africa’s ...

Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...

Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, ...

HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...