Russia's oil export revenues plummeted to $13.2 billion in April, the lowest since June 2023, as global oil prices fell. The average price for Russian crude dropped to $55.64 per barrel ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Low oil prices and economic uncertainty are causing U.S. oil production ...

Russia has detained a Greek oil tanker sailing under the Liberian flag as it left the Estonian port of Sillamae on a previously agreed route through Russian waters, the Estonian Ministry of ...

Goldman Sachs analysts scrutinized President Donald Trump's social media posts for oil price insights. They said Trump's posts showed a correlation with oil prices. The analysts said Trump seemed ...

The Trump administration has declared litigation to hold oil companies responsible for climate change a threat to the American economy and has taken aggressive steps to fight it. By Karen Zraick ...

President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.

The prospect of a nuclear deal between the U.S. and Iran contributed Wednesday to the biggest daily drop in oil prices so far this month, as traders bet that an agreement to lift sanctions on Iran ...

Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil ...

A Santa Ynez Unit offshore oil platform as seen from El Capitán State Beach in southern Santa Barbara County. Credit: Giana Magnoli / Noozhawk file photo Sable Offshore Corp. announced that it ...

The Treasury Department announced on Tuesday that it has sanctioned a network of more than 20 companies it says have supplied Iranian oil to China. The department’s Office of Foreign Assets ...

The US Treasury Department imposed sanctions on a network of nearly two dozen companies and shipping agents it accused of helping Iran transport billions of dollars worth of oil to China.