A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and thus on inflation.

The rise in prices came after President Trump said he had "obliterated" Iran's main nuclear sites in strikes over the weekend.

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region without immediate energy security concerns.

The fraught politics of carbon capture are dividing the oil industry.

Alberta anticipates a significant budget surplus for the fiscal year 2024-2025 driven by higher resource royalties, despite projecting a deficit for the subsequent year due to U.S. trade risks and ...

China's oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said.

Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a report that OPEC+ was planning to hike production in August, but tumbled about 12% in the ...

Owners of Coleman Olive Oil Co. Richard and Laura Taff have opened a storefront in San Angelo. Laura said choosing San Angelo as the location for another store was an easy choice.

The National Transportation Safety Board says roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for ...

A state agency issued a notice of violation Thursday to Noble Energy regarding the April 6 Bishop Well oil and gas spill, injuring one person and forcing more than a dozen people to evacuate.

The name of the UK North Sea’s largest independent oil and gas producer has been revealed today, marking a major milestone in the creation of the new company.

Authorities say a fiery explosion at a storage and disposal plant in the oil fields of eastern Montana was felt by people 10 miles away but caused no injuries or fatalities.