PetroChina will permanently shut the last crude unit at its Dalian refinery on June 30, concluding a phased closure driven by ...

Export terminals shipping nearly half of U.S. crude oil have formed around Ingleside on the Bay, turning the coastal town ...

MOL has signed key terms for an exploration, development and production sharing agreement with Azerbaijan’s state oil company ...

The American Petroleum Institute reportedly shows a draw of 3.3M barrels of oil in U.S. commercial stockpiles for the week ending May 30.

Oil futures posted back-to-back gains on a series of supply risks that offset concerns about OPEC+ plans for higher output.

Oil prices just spiked — and wildfires in Canada are at the center of it. Fires sweeping across Alberta have forced oil sands operators to shut down production, slashing the country’s crude output by ...

MOL Group and SOCAR have signed key terms for an exploration, development, and production sharing agreement for the ...

Which country consumes the most oil? The United States consumes the most oil globally, followed by China and India. Here is ...

Malaysia’s commodities minister is touting palm oil biomass as a coal alternative, but experts warn that the full lifecycle ...