Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries greater flexibility to tweak fuel output to match ...

September WTI crude oil (CLU25) on Friday closed down -0.87 (-1.32%), and September RBOB gasoline (RBU25) closed down -0.0121 ...

According to the government, Saudi Arabia affirms its adherence to the voluntary OPEC+ output target. There is full ...

Financial markets experienced significant volatility following Israel’s attacks on Iranian nuclear facilities, with investors ...

The Organization of the Petroleum Exporting Countries (OPEC) said on Friday that the joint ministerial monitoring committee ...

WTI crude is trading below $65, reinforcing the bearish tone as fundamentals and technicals move in tandem. The price has slipped decisively below the 50-day Simple Moving Average (SMA) at $65.44. It ...

US President Donald Trump’s administration is reversing course and allowing US supermajor Chevron to continue pumping oil in ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit the ...

The Trump administration approved a new "specific" license allowing Chevron Corporation to restart its operations in Venezuela, marking a significant shift in U ...

Crude oil holds firm above $65.38 pivot. Traders eye demand catalysts vs rising Venezuelan supply. Outlook stays bullish with ...

An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...