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

Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

Cedric Chehab, Chief Economist at BMI, discusses his outlook on oil prices, forecasting Brent will average $68 per barrel ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

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

The issue is about adjusting the current ceiling of $60 per barrel and introducing a flexible revision mechanism based on ...

Saying the first six months of the year have been active when it comes to oil prices may be an understatement.

A damaged pipe just north of the lake leaked 2,600 barrels of crude oil in early May, according to a report by the ...

OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...

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