Schlumberger will benefit from lower rates and increased demand for oil, which will help its drilling and digital services.

Egypt's non-oil private sector experienced a further decline in business conditions in June, with contractions in output and ...

CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The Treasury Department is targeting Iranian networks that allegedly buy and transport billions of dollars worth of Iranian ...

Ecuadorean state oil company Petroecuador declared force majeure on all operations, including crude exports, after two key ...

The Treasury Department is targeting vessels in Iran's "shadow fleet" and the operators of an Iran-Iraq oil smuggling network ...

The oil company Prax Group, which collapsed into insolvency last weekend, owes the UK government as much as £250mn in unpaid ...

Brazil’s UN climate summit chief has defended oil and gas production as being compatible with international efforts to limit ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the ...

By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on Saturday to raise ...