MPs have proposed funding retiree payments by allocating one dollar from every exported barrel of oil priced above $40.

Kenyans have slammed the Energy and Petroleum Regulatory Authority after it announced that fuel prices would remain unchanged ...

Signals flashing ample crude supplies overshadowed U.S. threats to curb Iranian oil exports, sending prices down for a fourth consecutive week. West Texas Intermediate fell three of five trading days ...

Upper Makefield supervisors and other elected officials want Sunoco to shut down a pipeline that leaked jet fuel into ...

Global benchmark crude prices eked out their first weekly gain in a month on Friday, while U.S. benchmark crude fell for the week, as traders weighed President Donald Trump's day ...

The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...

Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...

-- West Texas Intermediate crude CL00 for March delivery CL.1 CLH25 rose 45 cents, or 0.6%, to $71.74 a barrel on the New York Mercantile Exchange, on track for a weekly gain of 1%. -- April Brent ...

PBF Energy's crack spreads need to double from Q4 levels for PBF to achieve neutral free cash flow, which seems unlikely in ...

Oil prices were edging higher in early trade after U.S. President Donald Trump delayed immediate plans to impose reciprocal ...