Brazilian state-run oil firm Petrobras said on Wednesday that its estimated proven reserves of oil, condensate and natural ...

The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is facing a myriad of challenges.

Q4 2024 Earnings Call Transcript January 30, 2025 Murphy Oil Corporation misses on earnings expectations. Reported EPS is ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...

Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

Oil prices declined today, Jan. 29, ahead of the Federal Reserve's decision on interest rates and US inventory data after the ...

The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...

US crude oil inventories for the week ended Jan. 24 increased by 3.5 million bbl from the previous week, according US EIA ...

The United States and allies will be releasing ... have agreed to the release from emergency reserves to send a “strong message to global oil markets that there will be no shortfall” as ...

The US economy grew by 2.3% in the fourth quarter, easing at an annualized rate from a pace of 3.1% in the July-September ...

The Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, according to the US ...