US shale oil producers are facing their gravest threat in years, as a sudden crude price sell-off triggered by Donald Trump’s trade war has pushed parts of the sector to the brink of failure, ...

Tuesday closed down -1.12 (-1.85%), and May RBOB gasoline (RBK25) closed down -0.0287 (-1.42%). On Tuesday, crude oil and ...

WTI crude oil (CLK25) today is down -4.66 (-6.96%), and May RBOB gasoline (RBK25) is down -0.1146 (-5.30%). Crude oil and ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

Brazilian drilling contractor Constellation Oil Services has been awarded a new contract with Petrobras to carry out ...

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

The refinery Treasury targeted for sanctions is China-based Shandong Shouguang Luqing Petrochemical Co. Ltd. "So-called 'teapot' refinery purchases of Iranian oil provide the primary economic ...

China is the world's biggest crude importer ... Baker Hughes reported last Friday that active US oil rigs in the week ending March 14 rose +1 rig to 487 rigs, mildly above the 3-year low of ...

The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.