The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 million barrels ...

Current oil prices risk hollowing out the U.S. shale industry which has been a key source of taxes, job creation, security, ...

Petrol and diesel prices in Pakistan are expected to decrease as global oil prices drop. Market sources predict a reduction ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Traders have been snapping up bullish oil options to hedge against the risk that US sanctions will cause prices to spike.

Indian state-owned ONGC is planning to diversify its operations into refining, petrochemicals, LNG trading, and renewable ...

Despite rising international oil prices, South Africa is set to enjoy petrol and diesel price relief in April. Here's what to ...

Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the ...

Idaho gas prices climb to $3.25 per gallon amid rising spring demand, though drivers can still find under-$3 deals at select ...

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

In its latest STEO, the EIA highlighted that the Brent crude oil spot price averaged $75 per barrel in February, which it pointed out was $4 per barrel lower than in January and $8 per barrel ...