Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output ...

The US is moving to curb imports of used cooking oil, preventing foreign supplies used to make biofuels from qualifying for a ...

Whitecap is forecasting that crude prices may be volatile, “but on balance robust” in 2025, particularly as a weak Canadian dollar tends to work to the benefit of exporters. The company’s price ...

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its ...

Saudi Arabia's crude oil supply to China is set to decline in February from the month before, trade sources said on Thursday, ...

The Biden administration is expected to release by next week a climate model for clean fuel tax credits that will not include ...

Canadian Natural Resources said on Thursday it expects production to increase 12% and capital spending to rise 13.5% in 2025, ...

Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for ...