U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

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

Oil prices edged up on Friday, as investors weighed a tight prompt market against a potential large surplus this year, ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

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

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 ...

The IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast, ...

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

The pending closure of two California refineries has oil companies and environmental groups seeing more eye-to-eye.