At 427.9 million barrels, U.S. crude oil inventories are about four percent below the five year average for this time of year ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

Oil prices have suddenly started climbing due to concerns over the tightening of Russian oil exports to China and India. This ...

Transportation Secretary Sean Duffy said the Trump administration planned to “move forward” with approval of a Texas port ...

Crude oil futures fell modestly on Friday, as prospects for a peace deal between Russia and Ukraine could boost global energy supplies in the event of an end to sanctions against Russia. President ...

US crude oil inventories for the week ended Feb. 7 increased by 4.1 million bbl from the previous week, according to EIA data ...

Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship ...

MUSCAT: The Gulf Cooperation Council (GCC) countries continue to dominate global energy markets, ranking first worldwide in ...

GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil ...

The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with ...

The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...