Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

US tariffs and OPEC+’s unexpected 548,000 bpd August output hike are pressuring crude prices, with Brent at $69.37. Nikunj ...

The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of 2025, Bloomberg ...

Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...

In the twentieth century, oil and its accessibility were one of the greatest geopolitical advantages a nation could have. Oil ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has reaffirmed the country’s push to attract more strategic investments into its oil sector, positioning Africa’s ...

HOUSTON] ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about US$1.5 billion as a volatile ...

Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...