A buildup of a billion barrels of oil on the world’s oceans includes a disproportionately large amount of crude from nations ...

Petrobras (PBR) is considering a reduction in capital spending to $106 billion for its next five-year plan, reflecting a ...

Oil trader Litasco SA is starting to terminate jobs with days to go until US sanctions are to come into effect on the firm’s ...

The International Energy Agency further tempered its stance on an imminent peak in oil demand, reinstating a scenario in ...

India has scaled back purchases of Russian crude for arrival in December, showing that Western sanctions and trade talks with ...

Oil rose as wider markets were lifted by a push to end the US government shutdown, with crude traders also looking toward a ...

The energy watchdog says it’s possible global oil consumption could keep increasing through the middle of the century.

A dispute between rival traders is causing trouble for the oil business that Moscow built to keep the pumps working following ...

A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ...

Despite sitting atop the world’s largest oil reserves, it’s a sad truth that Venezuela doesn’t matter for the energy markets.

Playing host to COP30 while balancing economic growth with his environmental agenda presents risks for Brazil’s president ...

South Sudan President Salva Kiir dismissed Vice President Benjamin Bol Mel, who had been seen as a potential future leader of ...