The world has more oil than it needs, but a drop in crude prices this week to the lowest level in nearly five years may help ...

Global crude prices rose more than 2% on Wednesday morning, just a day after dropping below $60 per barrel for the first time ...

The Trump administration’s decision to blockade sanctioned oil tankers and designate the Maduro government a terrorist ...

Oil prices rallied more than 1% on Wednesday after U.S. President Donald Trump ordered what he called a complete blockade of ...

Oil futures and shares of energy companies rallied, after President Trump ordered a blockade of sanctioned tankers entering ...

Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while oil prices surged ...

Canadian oil sands producers lead by Cenovus Energy Inc. plan to expand production next year despite an impending supply glut ...

This is Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.

The move could potentially impact 0.4-0.5 million barrels of oil per day, lifting prices by $1-2 per barrel, according to a ...

The latest survey by the Federal Reserve Bank of Dallas has revealed lingering pessimism in oil markets, with executives ...

TotalEnergies CEO Patrick Pouyanné says oil prices are likely to recover next year as demand grows and OPEC manages supply, ...

US oil prices slide to their lowest levels since 2021 as Ukraine peace hopes, rising supply, weak demand signals and ...