Crude oil production rises to 1.48mpd The ongoing competition between fuel importers and the Dangote Petroleum Refinery has resulted in a reduction in the ex-gantry price of Premium Motor Spirit, also ...

The Saudis are hurting the US oil industry. Trump’s unlikely to talk about it. The oil issue? “It’s secondary,” says one ...

Oil futures climbed to a three-week high after both nations agreed to reduce most of the tariffs they had imposed during ...

President Donald Trump wants more oil drilling, but one Texas producer expects low prices to send output downward.

Oil and gas firms only drill new wells when prices are high enough to offset the costs of fracking, refining and shipping the ...

A fire Monday at Valero’s Benicia refinery leaves only one gasoline plant still operating in the San Francisco Bay Area, ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Gold’s 2025 outperformance versus crude oil may signal deflation, potentially reinforced by grain prices. Without a Corn Belt ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

India's diesel exports likely hit their lowest level in over a decade in April as major exporter Reliance cut refining output ...

Canada has more oil reserves than the U.S., and it can produce oil cheaper. As U.S. oil producers watch falling oil prices ...

Oil fell by more than $1 a barrel on Monday to settle at over four-year lows as an OPEC+ decision to expedite its output ...