Kazakh oil producers, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia’s Transneft from May in an attempt to […]

Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per […]

U.S. President Donald Trump said on Tuesday he has asked his cabinet to devise a plan to inject cash into the ailing U.S. oil-drilling industry to […]

Wall Street retreated for a second straight day on Tuesday as a collapse in U.S. crude prices and glum annual forecasts by companies foreshadowed the biggest […]

The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of […]

Lockheed Martin said on Tuesday the spread of coronavirus has delayed shipments of vital supplies to its numerous businesses and will likely hurt its sales this […]

JPMorgan Chase & Co , the largest U.S. lender, said on Tuesday it was working on a plan to bring thousands of employees currently working from […]

Amazon is extending the closure of its French warehouses until April 25 included, the online retail giant said in a written statement on Tuesday. Powered by […]

A group of firms, including Airbus and Ford, could build more than the current government order of 20,000 ventilators and continue once normal operations begin to […]