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

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

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

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

The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising ...

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

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

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, ...

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

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 ...