Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.

The Chinese market’s resurgence, aided by stimulus measures, has led to a significant recovery in the CSI 300 index. However, ...

Oil closed little changed after a day of choppy trading as investors assessed the risks that Israel’s recent strikes against Hezbollah will widen the conflict in the Middle East.

Markets are generally positive although risk appetite is crushed by renewed tensions in the Middle East. European stocks are ...

On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.

Oil prices remained relatively steady on Monday but ended the third quarter with a 17% decline as concerns over waning global ...

Oil prices rose yesterday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...

Iran, a key player in the Organization of the Petroleum Exporting Countries (OPEC), has supported these groups, raising ...

The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the ...

NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an ...

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

Oil prices were steady on Tuesday as the prospect of additional supply entering the market amid lacklustre global demand ...