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 ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Friday closed up +0.39 (+0.55%), and March RBOB gasoline (RBH25) closed up +0.0303 (+1.46%). Crude oil and gasoline prices Friday posted moderate gains on signs of US economic strength after the Jan ...

CNOOC Ltd. started production at the Bozhong 26-6 Oilfield Development Project (Phase I) in central Bohai Bay in about 20 m of water.

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Here is a look at what happened in oil markets in the week of Feb. 3-7 and what the focus will be in the days to come.

U.S. tariffs on Canadian energy threaten North America’s trade. Will Alberta’s oil surge and Trudeau’s counter-tariffs reshape the U.S.-Canada energy partnership?

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

Clay Neff, Chevron's head of international exploration and production, told Reuters last month that the Tengiz expansion was ...

Oil prices rose marginally in early Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S ...

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

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...