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 ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

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

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 ...

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

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

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

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 ...