The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Oil prices are set to end the week higher after Trump delayed his tariffs and the Houthis sunk ships in the Red Sea.

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

Oil bull Josh Young tells CNBC's Dan Murphy that OPEC's latest World Oil Outlook forecast could set the stage for a long-term ...

Shell and Exxon warned of weaker Q2 earnings due to lower oil and gas prices, with Exxon expecting a $1.5 billion hit.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

A big drop in crude prices year over year leaves Alaska, reliant on oil for revenue, at the bottom of CNBC’s annual Top ...

Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...