Mexican state oil giant Pemex was spared a rating downgrade at Moody’s despite the agency slashing Mexico’s sovereign rating to just one notch above junk status

India’s refined petroleum demand growth forecast has received a major downgrade, with rising crude oil import costs, a weaker rupee and government-led austerity

Oil prices opened trade this week with a decline on reports that a deal between the U.S. and Iran was imminent. Brent crude slipped below $100 for the first tim

Oil prices spiked in early Asian trade on Tuesday, after the U.S. military launched strikes on targets in southern Iran, reigniting fears of military action jus

Australia’s Santos plans to prioritize growth in the production of crude oil and natural gas both at home and abroad, including in Alaska, the company said toda

The new U.S. strikes on missile sites and boats in southern Iran are further clouding the market view of how the nearly three-month-long crisis will unfold. Oil

Oil major names Ian Tyler as interim chair

Optimism for a resolution to the conflict and the reopening of the Strait of Hormuz was checked after the United States said it had carried out strikes on missi

The British oil group said that Albert Manifold had been removed, after concerns were raised “related to important governance standards, oversight and conduct.”

Global oil prices were creeping back toward the $100 a barrel mark on Tuesday.

Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of

Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output a

Oil traders don't want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the mar

Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears o

Oil’s 5% drop on potential Strait of Hormuz reopening boosted Asian equities and supported crypto sentiment.

Without the details of a formal agreement, it is unclear how soon normal shipping will resume and when oil prices will start to come down.

The cost of crude hit a one-month low and S&P 500 futures were up as investors assessed the prospects for a lasting peace deal.

Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending