China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.

During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...

Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...