World's largest oil company Aramco reports higher third-quarter net profit on production boost

The results come as the world's largest oil company faces a profit squeeze in a weaker crude price environment.

Is This Texas-Based Company a No-Brainer Buy for Energy Investors?

ExxonMobil (NYSE: XOM) may not be the world's largest oil and gas company, but the Irving, Texas-based energy giant is the ...
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Turkey cuts Russian oil imports amid Western sanctions, Reuters reports

According to Reuters' industry sources, the shift marks a notable change for Turkey — one of the main buyers of Russian oil, ...

Analysis: oil market faces hefty surplus despite OPEC+ pause and Russian supply disruptions

Even if the OPEC+8 group halts its planned production increases during the first quarter of 2026, the revised liquids balance ...

US sanctions Russia’s 2 largest oil companies

The Trump administration sanctioned Russia for the first time in office, a sign Trump may be fed up with Putin.

Trump administration slaps sanctions on Russia's two biggest oil companies over Ukraine war

Treasury Secretary Scott Bessent has announced new sanctions against Russia's two biggest oil companies and blasted Moscow's ...