Oil prices settled marginally lower on Wednesday as U.S. fuel inventory builds and concerns about wider economic impact from ...

A former Royal Canadian Navy Minesweeper, sent to a salvage yard in the San Joaquin Delta and later abandoned, is sinking.

Oil prices fell by about 1% on Wednesday as signs of stronger Chinese crude consumption were outweighed by investor caution ...

U.S. shale drillers are reducing activity as falling crude oil prices and rising costs push profitability into a danger zone, ...

This policy will lead to more expensive electricity in the U.S. and a serious delay in the race against China for AI ...

The average Russian oil price calculated in roubles has stayed below the federal budget's target for 2025, Reuters ...

Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

BP announced it had capped its crippled underwater well that sent millions of barrels of crude gushing into the Gulf of ...

Iran said it had seized a foreign oil tanker in the Sea of Oman, suspected of carrying around 2 million liters of smuggled fuel, according to local media. Newsweek has reached out to the Iranian ...

A drone attack has targeted U.S.-owned oil and gas field in Iraq's Kurdistan region. No group has claimed responsibility, but Iraqi Kurdistan security sources said initial investigations concluded the ...

The plan would offer 122,546 acres of San Luis Obispo County lands to oil and gas leasing, according to the Los Padres ...

A rare oil portrait of Indian independence leader Mahatma Gandhi has been sold at auction in London for £152,800 ($204,648).