The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

The IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast, ...

BP's second-quarter results will be hit by lower prices it received for its gas and oil, it said in a quarterly trading ...

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...