Petrobras raised its third-quarter dividend after record production and higher earnings offset lower global oil prices.

Despite favorable policies from the Trump administration, weak oil prices around $60 per barrel are causing U.S. shale ...

It will take months for Russia to find ways to evade new U.S. sanctions. But if Iran can keep its energy exports flowing under heavy restrictions, Moscow probably can too. Brent crude rose by around ...

NEW YORK (AP) — U.S. stocks rose to the cusp of their records on Thursday, as oil prices jumped after President Donald Trump announced “massive” new sanctions on Russia’s crude industry. The S&P 500 ...

SINGAPORE, Oct 23 (Reuters) - Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil ...

President Donald Trump’s sanctions targeting Russia’s two largest oil companies could undermine the country as a petrostate, an energy expert has told Newsweek. However, the measures announced on ...

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine. Brent crude futures were up 5%, while West Texas Intermediate crude futures ...

The Defense Department on Wednesday announced the “next generation” of the Pentagon press corps, including mostly right-wing outlets, following the mass exodus of legacy outlets from the building who ...

He said the economic impact would be "tremendous" as he met with NATO's Rutte. President Donald Trump on Wednesday said he "felt it was time" to hit Russia with tougher sanctions, a major escalation ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

Shares of companies in the cooking oil business continued to climb Wednesday, after President Donald Trump started using oils as leverage in his growing trade spat with China. The rallies started very ...

The best place to observe the shift taking place in global oil markets is at sea. More than 1 billion barrels have been amassed on the world’s tanker fleet, according to consultant Vortexa Ltd. It’s ...