Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

Global oil supply is set to rise three times faster than demand this year, the International Energy Agency said in its ...

The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

A campaign group is urging residents to have their say on the latest stage of a long-running legal battle over oil drilling ...

The pending closure of two California refineries has oil companies and environmental groups seeing more eye-to-eye.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...

The U.S. is set to place hefty tariffs on several big energy producers—Algeria, Brazil, Iraq and Libya. So why do oil traders ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

The Energy Minister has written to the owners of the ill-fated Prax Lindsey Oil Refinery calling on them to "do the decent ...