An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.

Why is Houston, Texas called the energy capital of the world? The oil industry started partly because of oil gushing at ...

Oil ( USO) is the most oversold asset around the world, with flows down 5% from their 200-day moving average, BofA Securities data showed. Oil also had the highest ranked returns in 2024, up 2.2%, and ...

Britain has imposed new sanctions on Russian oil majors Gazprom Neft and Surgutneftegaz, the foreign ministry on Friday. The measures, which included asset freeze and transport sanctions, comes as the ...

China and India are diversifying their crude oil imports away from Russia and Iran due to tightening Western sanctions and ...

Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

A map made by Newsweek shows some of the 80 attacks Ukraine conducted on Russian oil refineries and depots in 2024.

Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...

This article explores the history of oil, from its ancient origins to its current dominance, and examines its profound impact ...