Goldman Sachs said oil prices may rally to as much ​as $120 a barrel if attacks ‌on shipping in the Middle East rise and it ...

A Bloomberg economist just compared Chevron's blockbuster Venezuela oil deal to a Cold War coup that looked like a triumph ...

What could keep US energy majors from investing in Venezuela’s vast oil reserves? Explore how political, legal and financial ...

(Bloomberg) -- Oil held a two-day drop on optimism a deal can be reached that would reopen the Strait of Hormuz. West Texas Intermediate slipped toward $75 a barrel, after losing more than 10% in the ...

Brent crude approached $98/bbl as Chinese buying returned to the market and global inventories tightened, with renewed Middle ...

Jul 12, 2026 (Bloomberg) –Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of Hormuz remains open. Brent traded above $79 a ...

Exxon Mobil (XOM) has told Kazakhstan officials that a potential $80B joint investment to expand the Kashagan oil field is contingent on resolving a long-running dispute between the government and ...

Oil shipments from a key Russian port have been falling for a fifth consecutive week amid the threat of Ukrainian strikes: in the seven days to 16 August, not a single cargo of oil was loaded at the ...

Exxon Mobil (XOM) has told Kazakhstan that the giant Tengiz oilfield is already on the cusp of peak production and that its output will slump sharply in the coming decade, Bloomberg reported Thursday.

(Bloomberg) — Oil and LNG shipments have begun moving through the Strait of Hormuz again following this week's interim agreement between the U.S. and Iran, easing immediate concerns over the worst ...