Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

A campaign group is urging residents to have their say on the latest stage of a long-running legal battle over oil drilling ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

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

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...

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

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

Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year ...