The American Petroleum Institute (API) estimated that crude oil inventories in the United States decreased by 247,000 barrels ...

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...

American Petroleum Institute (API) CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, ...

LONDON, Jan 6 (Reuters) - Shell (SHEL.L), opens new tab has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron (CVX.N), opens new tab, the ...

US oil inventories rose during the week ended Dec. 26, alongside increases in gasoline and distillate inventories, according to estimates by the American Petroleum Institute (API). The institute, in a ...

Investing.com -- U.S. crude oil futures fell further below post-settlement levels Tuesday despite the American Petroleum Institute showing a surprise draw in U.S. weekly crude supplies. Crude Oil WTI ...

Shares in FTSE 100 oil giants took a tumble on Wednesday morning as President Donald Trump ramped up the pressure on Venezuela to hand over oil. Shell sunk two per cent as markets opened to 2,692p ...

EUR/USD soars above 1.1800 as Yen intervention rumors slam Dollar EUR/USD rapidly reverses course and hits fresh YTD tops near 1.1780 at the end of the week. The pair’s U-turn comes on the back of the ...

Michigan Attorney General Dana Nessel has filed a lawsuit against BP, Chevron, ExxonMobil, Shell, and the American Petroleum Institute, accusing them of operating a "fossil fuel cartel" that illegally ...

The dramatic developments in Venezuela last week have already boosted the oil price which is up 4% so far in January. However, record short positions in oil markets in combination with heightened ...

US stocks rose on Monday after the US military strike and capture of President Maduro in Venezuela lifted the oil majors, while a revival in optimism for AI demand buoyed tech names. The US military ...