Brazil will be joining the Organization of the Petroleum Exporting Countries, or OPEC+, highlighting the South American country’s growing status as a major oil exporter.

President Trump tore into Europe for spending more on Russian petroleum than aid to Ukraine as allies demand the US do more to help Kyiv.

Crude oil futures tumbled to trade near their lowest levels in years on Wednesday as jitters about U.S. tariffs and a surprising production hike from OPEC+ rattled commodities markets.

Mark Getty describes the most important moment of his working life as the saleof Getty Oil in 1984 "it freed me from the need tofeel that I had to join the family business". Instead, he chose to ...

LUKoil also owns its own refineries and filling stations, including 1,300 in the United States, which it acquired after its purchase of Getty Oil in 2000. LUKoil was the first Russian company to ...

With the world's energy appetite set to tumble through 2030, Bank of America estimates that oil demand is nearing its peak, and even the massive rollout of power-hungry AI infrastructure won't ...

When reflecting on men of great wealth, the American oil tycoon J. Paul Getty (1892-1976) inevitably comes to mind. Listed as the richest man in the world in the 1966 Guinness Book of World ...