Local oil industry sources said on Friday that gasoline and diesel prices are expected to increase next week due, again, to ...

The EIA reported 3,199 billion cubic feet (Bcf) of working gas stored underground across the Lower 48 states. That’s 13 Bcf more than last week, 95 Bcf less than last year, but an impressive 174 Bcf ...

NEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories ...

India imports around 85-90 per cent of its crude oil requirements. Its crude import bill was approximately $132-140 billion ...

Oman recorded a budget deficit of 259 million Omani rials ($673 million) in the second quarter, swinging from a surplus of ...

Iran’s Oil Ministry has cut its imports of diesel to zero thanks to tighter controls on domestic demand for the fuel.

Mr. Moore is an economics journalist, author, and columnist. He is a cofounder of Unleash Prosperity and a former senior ...

The U.S.-China trade talks showed progress toward easing tariffs and stabilizing economic ties but were ultimately ...

Financial markets responded cautiously following recent U.S. military strikes targeting Iranian nuclear facilities, with ...

The U.S. Energy Information Administration (EIA) has slashed its Brent crude oil price forecast. In its August Short-Term Energy Outlook, it expects global oil prices to fall from $71 per barrel in ...