Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S. inventories and worries that the Trump administration's higher tariffs on ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

Photos obtained by CBC News reveal the extent of the damage to an important oil terminal in Newfoundland and Labrador after a ...

The European Union is currently discussing a deal to partially suspend several sanctions on Syria’s energy industry, ...

Utility Probes Connection Between L.A.'s Deadly Eaton Fire, Inactive Power Line Evidence is emerging that an inactive power line owned by Southern California Edison ignited the Eaton fire, which ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

Citi also suggested the White House may act to increase U.S. capital expenditures following the Senate confirmation of oil industry executive Chris Wright as energy secretary. The report said every 1 ...

President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on the ...