Petroleum futures were modestly higher at midday Monday despite stepped-up U.S. military strikes against Houthi rebels and a new round of Ukrainian drone attacks on Russian refineries.

Oil's recent descent has prompted Goldman Sachs analysts to lower their price target for the year, in part due to ...

US crude prices eked out a weekly gain of 14 cents a barrel, with the near-month NYMEX contract for light sweet crude closing ...

Goldman Sachs Group Inc. joined fellow banks Monday in cutting oil price forecasts as Wall Street increasingly sees a home ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...

U.S. crude oil inventories increased by 1.4 million barrels, with an increase in production and net imports, while gasoline ...

Oil prices have fallen to their lowest level in six months, with Brent crude, the international standard, dropping below $70 ...

MPCL informed PSX that new hydrocarbon reserves have been found in the Spin Wam-1 well, located in Khyber Pakhtunkhwa ...

As talks are underway for the bilateral trade agreement, energy imports, both oil and gas, from the US would play a key part ...

U.S. crude oil inventories rose by 3.6 million barrels last week, which was more than expected, resuming an upward trend ...

The Dangote Petroleum Refinery is nearing full production capacity and in need of crude oil and has begin discussing with the ...