The company also announced it expected to slash dividend payouts in 2025. Oil giant shares stunning profit update that could ...

Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise ...

The combination of lower oil prices and higher costs for essential materials like steel pipe threatens to squeeze domestic ...

The dollar index, which measures the US currency against six other units, fell to 102.98, its lowest since mid-October ...

Half a century of oil drilling has left the Amazon rainforest scarred -and a new wave of fossil fuel extraction is coming ...

Goldman Sachs has significantly lowered its oil price forecasts for 2025 and 2026, citing OPEC+'s increased production and the potential for a global recession due to President Trump's tariffs.

Crude oil prices fell by 3% following President Trump's announcement of significant tariffs on U.S. trade partners, raising ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and ...