Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop in U.S. crude inventories as investors awaited ...

In short, if oil prices remain under pressure, which seems likely, stock investors should be on the alert for a correction ...

The U.S. has sanctioned a Greek shipping entrepreneur, his fleet, and two Chinese oil terminals in a bid to disrupt Iran’s ...

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

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 ...

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

The company, which absorbed the North Sea assets of Italian oil major Eni last year, is also developing two of the biggest projects in the region, Rosebank and Cambo. It increased its guidance for ...

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

Brits have finally received a boost at the pumps as petrol prices drop for the first time in two-and-a-half months – and they ...

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 ...