The United States pumped an all-time high of 13.3 million barrels per day (bpd) of crude oil in 2024, the Energy Information Administration (EIA) said in its Petroleum Supply Annual released on Friday ...

India’s exports to Russia remain small, while crude oil dominates imports, creating a sharp trade imbalance. This infographic ...

India’s imports from Russia have soared since 2022, widening the trade gap to record levels as discounted oil drives a ...

Oil prices fell sharply Tuesday, returning to levels last seen before the Iran-Israel conflict, as investors cheered news of a ceasefire, albeit fragile, between the two countries. Brent crude, the ...

US oil prices are down over 22% since hitting a peak in January. Oil markets have suffered amid trade war and recession uncertainty. OPEC+ is discussing plans to boost oil output in June. Easing trade ...

Crude oil now costs 15 percent less than it did before the president revealed his plans to impose stiff new tariffs on imports from most countries. By Rebecca F. Elliott Reporting on energy U.S. oil ...