Global oil prices have tumbled since President Donald Trump's tariff announcement. Urals crude fell to $47.50 a barrel last week, the lowest level for almost two years. Russia may offset lower oil ...

Crude oil prices were set for a weekly gain earlier today, following the news that the U.S. federal government has slapped new sanctions on Chinese companies involved in oil trading with Iran.

AUSTIN, Texas — A West Texas oil executive will go to prison for violating laws meant to protect workers — actions that led to the deaths of a worker and his wife in 2019. Trent Day ...

Chinese refiners are importing record amounts of Canadian crude after slashing purchases of United States oil by roughly 90 per cent amid escalating trade tensions. A pipeline expansion in Western ...

HOUSTON, April 16 (Reuters) - Oil prices rose nearly 2% on Wednesday to a two-week high on concerns about global supplies after Washington issued new sanctions targeting Chinese importers of ...

Oil price drop seen hitting exporters disproportionately Angola faced a margin call after bond market rout Nigeria's carry trade stops being attractive on oil fall Gulf exporters likely to weather ...

Western Colorado oil industry stakeholders are suing the Centennial State, in a bid that they say serves to protect energy security and job interests in the region. Specifically, the West Slope Oi ...

The U.S. oil industry is suffering from the lowest crude prices in years, surging costs for steel and an economic downturn that could send consumer demand for its products plummeting. Oil prices ...

The Organization of the Petroleum Exporting Countries reduced its oil-demand outlook for this year and next, citing the impact of U.S. tariffs on economic growth globally. The lowered outlook ...

BP BP0.09%increase; green up pointing triangle said it has discovered oil at the U.S. Far South prospect in the Gulf of Mexico at a time when the British energy major is growing upstream ...

It's been a dramatic few days on global oil markets. Trump's tariffs and a shock move by OPEC have fueled concerns among many major oil producers — not least Russia ...