U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from ...

Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petrobras, says the firm can withstand ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue ...

Ukrainian forces are increasingly turning to modified light aircraft to strike targets deep inside Russian territory ...

Oil futures fell Wednesday, threatening to end a three-day winning streak, after industry data showed a large rise in U.S. crude inventories.

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

Gas prices in the West Coast are about to surge by as much as 10 to 45 cents a gallon over the next couple weeks, says one ...