With no breakthrough in Geneva and tensions simmering, Brent crude holds near $72 as traders brace for the next move.

LONDON (Reuters) -BP said it expects upstream production to rise in the third quarter, reversing earlier guidance for a slight decline, but flagged weak oil trading performance in a trading update ...

Italian energy major Eni is weighing a return to oil and gas trading, seeking the outsized returns enjoyed by rivals BP, Shell and TotalEnergies as geopolitical tensions fuel energy price volatility.

Oil and gas major BP (NYSE:BP) on Tuesday said it expects third-quarter upstream production to rise from the previous quarter, driven by increased output in both oil production and operations, mainly ...

Both Vitol and Trafigura have secured preliminary special licenses allowing them to negotiate and export Venezuelan crude, with Trafigura preparing to load its first cargo this week. The traders vied ...

“There’s an awful lot of oil that is temporarily at sea because of blockades, sanctions, etc. around the world,” said Jason Prior, the head of oil trading at Bank of America Corp. “That is holding up ...

Eni (E) is considering a return to oil and gas trading, as it seeks the billions in returns enjoyed by European rivals BP, ...

A long-anticipated oil surplus is finally starting to emerge and is likely to depress prices, some of the world’s top commodity traders said. Brent oil has slumped 11% since late last month as the ...

Mega-cap integrated oil giants with rich and reliable dividends are among the best energy ideas now. With natural gas demand jumping at utilities providing electricity, the big integrated companies ...

The update comes at a time when the oil market is lurching into an oversupply that could make for challenging trading conditions in the months ahead. Image by Stanley Yeh via iStock Shell Plc said its ...