India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China ...

Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil ...

India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the ...

Republicans said they were seeking ways to quickly reverse the restrictions in the state’s North Slope region.

Oil futures settled lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...

In his 10 years in charge, Nasser has seen the value of Saudi oil exports to China more than triple, to a record $56bn in ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...

In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...

Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...