Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

China's imports of crude oil from Russia fell 12.9% in April from a year earlier, coming in at 8.07 million metric tons or ...

Lifting U.S. sanctions on Iran could temporarily lower oil prices, but this relief may be short-lived as resilient demand and ...

The purchase order for 10 tankers should come out as early as this month, the people said. Only ships built locally - even if ...

Commercial crude oil stocks are seen falling by 800,000 barrels to 441 million barrels in the week ended May 16, according to the average estimate of eight analysts and traders. Six expect a decline ...

The crude oil market continues to see a lot of sideways action, as we are trying to find some kind of base so that we can ...

When Trump was sworn in Jan. 20, the national average price of a gallon of regular gasoline was $3.11. After falling to $3.06 and rising to $3.24 in the subsequent weeks, a gallon on May 12 cost $3.12 ...

State-owned PetroVietnam plans to increase crude oil imports from ExxonMobil, signaling a commitment to purchasing more U.S.

ASTANA – Kazakhstan ranked third among the largest crude oil exporters to the European Union (EU), supplying 1.05 million ...

July NYMEX RBOB was 0.4ct lower at $2.0905/gal and June RBOB was nearly flat at $2.139/gal. July ULSD fell almost 1ct to $2.0815/gal and June ULSD was 1.25ct lower at $2.115/gal.

By Gift ChapiOdekina, Abuja The Chairman of the House Special Committee on Crude Oil Theft and Pipeline Vandalism, Hon.

The Port of Corpus Christi is using artificial intelligence to power ship tracking and help with emergency response training.