The country’s oil companies have reduced pump prices by P0.70 per liter for gasoline, P0.10 per liter for diesel, and P0.80 ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at ...

President Trump warned American oil producers Monday that he was watching closely for a crude price spike as the Middle East ...

Gas prices drop ahead of Independence Day, with Chicago's average at $3.65 and the national at $3.16 per gallon.

Operators began flooding oil fields with pressurized CO2 in the 1970s, starting in West Texas, said Hugh Daigle, an associate professor of petroleum engineering with the University of Texas at Austin.

Biden has also lashed out at energy companies that he said have not lowered prices at the pump as oil prices have gone down. An administration official who spoke to reporters on background ahead ...

The gasoline that fills your car up has gone through an incredible journey to make it to the pump. Here's how crude oil gets turned into fuel.

More companies, governmental entities and regular people have been joining a class-action lawsuit in federal court involving allegations that some of the country’s largest oil producers have colluded ...

AFTER a hefty price increase in petroleum products last week, oil companies announced Monday that pump prices will drop by more than P1 per liter this week. Motorists will enjoy a P1.40 per liter ...

Pakistan's petroleum dealers have strongly rejected the deregulation policy and indicated that they may shut down petrol pumps across the country, Express News reported.Abdul Sami Khan, Chairman ...

However, if the Oil Marketing Firms are getting their products from the Bulk Oil Distributing firms on credit, then these are the expected productions at the pumps from today, March 16 th 2025.

The U.S. has urged China, Iran’s biggest oil customer, to stop Tehran from closing the Strait of Hormuz, which handles about 20% of global petroleum.