According to Ward Six Fire, the oil tanker site appeared to have been hit by lightning during Monday's severe weather.
Oil futures extended gains to a fourth session, lifted by the U.S. threat to impose import tariffs on countries that buy oil from Venezuela.
Firefighters continued for the fifth day to fight a fire at an oil depot in Russia's Krasnodar region, sparked last week by a ...
A week after the tanker crash off the English coast, officials are trying to work out the damage done — and who is going to ...
Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.
Tensions in the Middle East have flared up once again, and "traders are factoring in a heightened risk of disruption to Gulf oil supply after U.S. forces struck Houthi positions in Yemen," said ...
The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.
A small fire broke out at Phillips 66's 139,000 barrel-per-day refinery in Los Angeles on Tuesday evening, the company said.
Nigeria’s largest oil pipeline, the Trans-Niger Pipeline, has resumed operations after a temporary shutdown caused by a ...
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The attack came just hours after Russia's President Vladimir Putin and his US counterpart Donald Trump discussed the war in Ukraine.
Trump’s rapid-fire policy changes have created an atmosphere of uncertainty across financial markets. Crude oil, like other ...