Oil prices collapsed this year as the coronavirus pandemic slammed global demand and restricted travel…

In the Permian, where it became the largest operator through the Anadarko purchase, shale output…

Since Aug. 1, the companies have taken back 2.2 million barrels of oil of the…

Iraq said on Friday it would cut its oil output by a further 400,000 barrels…

BP earlier this month cut its dividend for the first time in a decade after…

U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both said they were willing…

The refineries’ combined crude oil throughput will range between 340,000 and 370,000 bpd in the…

Attractive pricing and lower freight rates have also supported demand for the Russian fuel oil.

It also cut its full-year capital expenditure to $1.2 billion from $1.3 billion.

Still, recent declines in the U.S. dollar have supported higher oil prices.