Oil and Gas

Oil retreated from a five-week high as investor attention turned from the U.S. Federal Reserve’s somewhat dovish message to the...

OPEC and non-member oil producers moved closer on Wednesday to clinching a deal on extending output cuts by nine months...

OPEC and non-member oil producers could deepen output cuts or extend them for a year when they meet in Vienna...

Iran's oil minister Bijan Zanganeh said Wednesday that OPEC will continue its production curb but there is debate among members...

Royal Dutch Shell Plc has decided to offload a roughly $4.1-billion stake in Canadian Natural Resources Ltd (CNRL) that it...

OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer...

BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double...

Prices in the $3 trillion-plus global petrochemicals market fell more than 3.5% in April to $958.51 per metric ton (/mt),...

Know thy enemy The markets frustrate OPEC’s efforts to push up oil prices The cartel is fighting not just shale...

After the first OPEC oil production cut in eight years took effect in January, oil traders from Houston to Singapore...