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

BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...

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

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.