Crude prices have slumped this year. Brent oil, the global benchmark price, is currently in the mid-$60s, down about $10 a ...

With a $175 million daily import bill and storage tanks now 60% full, Beijing is rapidly filling its reserves to shield itself from supply shocks as new US sanctions hit Russian crude.

The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.

Kyiv says it is preparing to carry out more long-range strikes on Russian energy infrastructure as winter approaches ...

The Petroleum Products Retail Outlets Owners Association of Nigeria has urged the Nigerian National Petroleum Company Limited to fast-track the reopening ...

Emergency crews responded Friday to an explosion at an oil refinery in New Mexico as thick smoke emerged from the plant and drifted across parts of the city of Artesia. The HF Sinclair Navajo ...

Good afternoon and Happy Halloween, readers! It’s hard to believe that another month has come and gone so quickly, with the end of ...

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.

Still, oil prices found some support in the wake of the news report of potential strikes, with U.S. benchmark West Texas Intermediate crude for December delivery (CLZ25) (CL.1) edged up by 0.7% to ...

Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.

Having struggled for years to arrest declining output, Exxon is now ramping up fossil-fuel production, with analysts ...