Oil prices climbed early Thursday as U.S. fuel inventories declined and geopolitical tensions escalated. Brent crude futures ...

Giants like Chevron are increasingly prioritizing efficiency over substantial capital investments or quantitative expansion ...

The Middle East, long defined by its oil wealth, is now emerging as a global leader in solar power. Once considered an ...

The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region’s economy.

This comes at a time when larger rival Larsen & Toubro Ltd (L&T) has seen its orderbook swell on the back of a surge in ...

BP, the British oil major, said Wednesday it is refocusing the company on its core oil and gas business and reducing investments in clean energy. In a Wednesday news release, BP officials said the ...

HOUSTON, Feb 21 (Reuters) - Oil prices settled down more than $2 a barrel on Friday, posting a weekly decline as investors grappled with a fading Middle East risk premium alongside uncertainty ...

BEIJING: Two giants in China’s oil and refining sector have taken the biggest opposing positions in Middle East crude trading in years, transforming global cargo flows and puzzling oil traders ...

Chevron Corp. is looking to replace Venezuelan oil at its refineries with supplies from Mexico, Brazil and the Middle East after the Trump administration ordered the company to shut operations in ...

This would give an initial boost to oil-exporting Middle East countries. But bad news may lie ahead as oil demand slows due to weakened global trade and shipping. "The macro outlook for MENA ...