During its weekly session, the Kuwaiti cabinet hailed on Tuesday the newly oil discovery in the northern part of Wafra, a p ...

High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...

With millions expected to hit the nation's highways this weekend, the dip in gas prices could be fueling the travel and ...

A protracted slump in crude prices has ratcheted up the pressure on Big Oil’s commitment to allocate cash to shareholders.

Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will be ...

Crude oil stocks, not including the SPR, stood at 443.2 million barrels on May 16, the EIA's latest weekly petroleum status ...

Kenya has earned KSh 248 million in royalties from crude oil exports from Turkana under the Early Oil Pilot Scheme (EOPS).

The United States and its allies have imposed broad economic penalties on Russia over its war in Ukraine. As the conflict ...

While Russia seems reluctant to pursue peace now, increasing economic and military pressures at home — ranging from supplies ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...

James and Maxwell Jensen are charged with money laundering and the smuggling of goods, according to federal court records.

The price of oil in Wyoming has been pushed to a four-year low, caused by a response to President Donald Trump’s tariffs. A ...