The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas ...

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

Oil prices extended losses into a second straight session on Tuesday on technical correction after last week's rally, while ...

Oil prices are surging in early 2025 due to cold weather, hopes of revived Chinese demand, and potential supply disruptions from tighter sanctions on Iran.

Iran's deputy foreign minister is visiting India to discuss ways to revive bilateral trade relations, which have been ...

Exxon Mobil Corp.’s stock fell 1.4% Wednesday after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings. Oil prices measured by the U.S. WTI ...

BP’s share price has tracked the oil price lower this year, but I think giant new oil deals hold the prospect of huge revenue ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the ...

Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...

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

Oil executives express optimism about the Trump administration's support for the industry but remain cautious about ...