Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker ...

Oil prices were mixed but largely holding their ground, supported by geopolitical risks and supply concerns.

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East ...

The U.S. Department of State has announced a new round of sanctions targeting Iran’s oil exports, cracking down on entities and vessels engaged in illicit ...

Crude and refined product futures were trading higher near midday Thursday. The more active NYMEX May West Texas Intermediate crude contract was up by $1 to $65.90/bbl as of 11:30 a.m. ET and the ...

Trump Considers Extending Chevron License to Pump Oil in Venezuela The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on ...

Petroleum Pitch Market The rising demand for refractory bricks in the global construction sector is a significant driver for the petroleum ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

The sinkhole, which is so wide and deep that it could comfortably contain a four-story building, is feared to still be ...

Tensions in the Middle East threaten to disrupt crude flow in the oil-rich region, but any developments around efforts for a cease-fire in the Russia-Ukraine war may help ease concerns about Russian ...

Texas leads the United States in oil and gas production, including producing 43% of the nation’s crude oil and 27% of its natural gas in 2023. Yet its cornerstone industry could be straining the state ...