About 24% of crude oil production and 18% of natural gas output in the U.S. Gulf of Mexico was shut in response to Hurricane ...

The U.S. government is "studying very closely" the possibility of imposing additional sanctions on individuals in Venezuela ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...

Oil prices held steady on Friday but remained on track for a weekly fall as investors weighed expectations for increased ...

Two climate activists from Just Stop Oil who threw soup at Vincent van Gogh's "Sunflowers" painting in London's National ...

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

The cost of home heating oil has dropped to the lowest levels since July 2023. On average, it will cost about £286.83 to fill ...

WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...

The kingdom is resigning itself to a period a lower prices, sources told the FT. Oil markets spiraled on the news, falling as ...

OPEC is sticking with its estimate that the world will need an extra two million barrels a day this year, despite signs this ...