Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million barrels.

The EIA’s January STEO forecast that the diesel price will come in at $3.57 per gallon in the first quarter of 2025, $3.60 ...

Norway’s electric vehicle sales have increased from less than 1% of total auto sales in 2010 to a whopping 88.9% last year.

Learn more about whether Hess Corporation or Valero Energy Corporation is a better investment based on AAII's A+ Investor ...

The chief executive of Brazilian state-run oil firm Petrobras told Brazilian President Luiz Inacio Lula da Silva during a ...

Markets are being sent lower as traders wait to see the impact of Trump's pro-energy policies. The newly inaugurated president has signed executive orders aimed at boosting U.S. production and has ...

Trump, on his first day in office, suggested he may do just that. Trump has threatened to impose 25% tariffs on all goods ...

Sinopec has agreed to invest $3.7 billion to construct a "state-of-the-art oil refinery" with a capacity of 200,000 barrels in the southern Hambantota region, according to the Sri Lanka president ...

BP (NYSE:BP) and Iraq's government will sign a major deal covering four Kirkuk oil and gas fields by the first week of February, which would be larger than a 2023 deal with TotalEnergies valued at ...

MOSCOW, Jan 15 (Reuters) - A diesel hydrotreating unit at a refinery of Russian oil major company Lukoil ... reply to a request for comment. Sign up here. category IEA says new US sanctions ...

LONDON (Reuters) - Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, Oil Minister Hayan Abdel-Ghani told Reuters during a ...