The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

A campaign group is urging residents to have their say on the latest stage of a long-running legal battle over oil drilling ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

The IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast, ...

On June 13, the U.S. Environmental Protection Agency proposed higher biofuel blending requirements for 2026 and 2027. Read ...

Russia’s deteriorating crude and oil product exports cast doubt on the nation’s ability to support its production capacity, ...