U.S. gasoline prices have resumed their recent downtrend, with AAA reporting the national average at $3.098 per gallon of ...

Pakistan has signed an agreement with the Saudi Fund for Development to defer a $1.2 billion payment on the country's oil ...

President Trump has hinted that the EU could be the next target for US tariffs, escalating trade tensions between the two ...

Even with a reduced tariff on Canadian crude, the added costs will make refining feedstocks more expensive for U.S. refiners, ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

Ukrainian drone strikes have targeted major Russian oil refineries, including Lukoil's facility in Volgograd, disrupting fuel ...

New US tariffs on imports from Canada and Mexico threaten to further weaken US refiners already facing declining margins.

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...

A US exploration firm has discovered 14 potential oil and gas prospects in South Korea's East Sea, raising hopes for domestic ...

South Africa's mineral resources minister declares coal a critical mineral, prioritizing economic and job security over ...

Goldman Sachs predicts limited short-term impact on oil prices from US tariffs, but warns of potential gasoline price hikes ...

Vitol, a major oil trader, forecasts that global oil demand will remain steady for the next 15 years, defying predictions of ...