This exploration and production company rounds out the top three holdings in XLE, at 7.6% of the fund. In addition to exploration and production, the company transports and markets crude oil ...

Italian oil field services provider Saipem has struck a deal to combine its operations with rival Subsea7 in a tie-up worth over $4.6 billion. The new entity, to be named Saipem7, will have ...

A draft statement seen by Bloomberg News shows that G-7 nations could task their finance ministers to collectively redraw the price limit — currently set at $60 a barrel for crude oil — which ...