The delivery of a 2-million-barrel cargo of Russian oil to China took 7 times longer than it would have done prior to a round ...

Oil markets have kicked off the new week on the back foot with the oil price selloff deepening amid a raft of bearish ...

All the latest breaking news on United States. Browse ibtimes archives of photos, videos and articles on United States.

"There is a strong demand for this unique waxy crude oil due to its unique qualities ... These agreements include a Class 1 rail carrier, the largest rail offloading terminal in Louisiana ...

U.S. crude oil inventories increased more than expected last week, resuming an upward trend after a surprise drawdown the week before, according to data released Wednesday by the U.S. Energy ...

With a supply cost that low, ConocoPhillips can cash in on $70 crude oil. The oil company expects to produce enough cash to cover the $12.9 billion it plans to invest in capital projects to ...