Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources ...

Oil prices fell slightly on Thursday as investors worried that U.S. tariffs could slow energy demand ahead of an expected ...

China is closely watching whether Israel and Iran can broker a ceasefire. Beijing gets much of its crude oil imports from ...

U.S. Secretary of State Marco Rubio on Sunday called upon China to leverage its influence over Iran to prevent the closure of ...

US top diplomat Rubio discussed Israel-Iran war with key partners World Published 06/19/2025, 10:27 PM Updated 06/19/2025, 10:56 PM ...

WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio met British foreign minister David Lammy on Thursday and held separate calls with Australian Foreign Minister Penny Wong, French Foreign ...

TotalEnergies and QatarEnergy have secured the Ahara oil and gas licence in Algeria's latest licensing round—its first under a new hydrocarbons law issued in December 2019. The Ahara block spans ...

The strategic importance of the Strait of Hormuz is well worn. Roughly 15 million bbls/day crude oil pass through the strait and another 5 million bbls/day of petroleum products: 20% of global ...

Marco Rubio, Florida's senior senator, has been nominated for secretary of state by President-elect Donald Trump. When both ran for president in 2016, Rubio called Trump a threat to the country.

The actor Sean Penn has summed up the problem with Pete Hegseth, and by extension the administration of President Donald Trump. “I’ve never before seen a Secretary of Defense so ...

The strongest action was in the oil market, where the price of a barrel of benchmark U.S. crude jumped 7.4% to $73.08. Brent crude, the international standard, rose 7.2% to $74.34 for a barrel.

ExxonMobil has discovered 75 million barrels of oil in recent months at its producing Hibernia and Hebron fields offshore Newfoundland & Labrador, according to the head of the supermajor's ...