SPSMAL manages 2.5 million meters in the United Kingdom. It would be taken over by Macquarie Specialized and Asset Finance, ...

Brent contracts are trading near $64, significantly below the $92-level that the International Monetary Fund estimates the ...

Oil rose as algorithmic traders fled short positions amid renewed optimism about trade talks between the US and China this weekend. West Texas Intermediate climbed 1.9% to settle near $61 a barrel ...

The U.S. Energy Information Administration lowered its West Texas Intermediate spot average price forecasts for 2025 and 2026 in its latest short term energy outlook.

Occidental Petroleum Corp. divested non-core proved and unproved royalty and mineral stakes in the DJ Basin for about $900 million and certain non-core Permian Basin assets for around $400 million ...

Ukraine’s parliament ratified a deal with the US over access to the country’s natural resources, lending its full support to attempts by President Volodymyr Zelenskiy to improve ties with ...

In its first quarter 2025 results statement, which was published recently, Chevron Corporation revealed that its net oil equivalent production averaged 3.353 million barrels of oil equivalent per ...

The Calgary-based oil sands developer, which also explores for and produces oil and gas offshore, produced 853,200 bpd ...

Crude oil stocks, not including the SPR, stood at 438.4 million barrels on May 2, the U.S. Energy Information ...