The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...

The Energy Minister has written to the owners of the ill-fated Prax Lindsey Oil Refinery calling on them to "do the decent ...