By contrast, JPMorgan reaffirmed its Overweight ratings (OWs) on Shell, TotalEnergies, and Eni, citing strong resilience and ...

A $200 million margin call by JPMorgan on Angola's $1 billion loan at the height of the global selloff of risky assets has ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

Oil prices have entered a sharp decline, hitting their lowest levels in over four years – a development poised to bring ...

Occidental slashed the mid-point of 2025 capital guidance by $200 million and domestic operating costs by $150 million.

Oil prices are roaring back with force – surging more than 8.6% this week as traders bet big on a potential breakthrough in U.S-China trade negotiations.

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

A team of officials from the International Monetary Fund will visit Angola this week, the IMF said, as the country edges ...

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.