The number of oil rigs in the US rose by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil advanced to 481 rigs from 480 last ...

So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into the future.” ...

A recent price hike in California gas comes just before Presidents Day weekend, with one significant culprit this time around ...

Oil prices rose on Friday, heading for weekly gains as Trump proceeded with his plan to impose reciprocal tariffs on US trade ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

In agreement with petroleum minister Hardeep Puri’s observation that the “Trump presidency is good news for oil”, Vandana ...

The Biden Administration’s farewell sanctions on Russian oil trade were the most aggressive yet and sanctioned dozens of ...

I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

A new report has revealed that the Port Harcourt Refinery, which was commissioned months ago, is still struggling to operate ...

US stocks moved higher on Thursday after President Donald Trump said he plans to introduce reciprocal tariffs but delayed ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

Treasury Secretary says Tehran could face ‘severe economic distress’ if oil exports return to levels seen during first Trump ...