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

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

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

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

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

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

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

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

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

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Oil prices rose by around 1% on Friday as investors weighed a tight prompt market against a potential large surplus this year ...