Rwanda backtracked Wednesday from an earlier claim that it had discovered its first oil reserves in Lake Kivu, saying it was still in an exploratory phase and looking for partners. Francis Kamanzi, ...

U.S. crude-oil futures rose more than $1, helped by robust distillate heating oil demand amid a winter blast in U.S. and Europe and as the energy market focused on possible supply disruptions because ...

A New York state supreme court justice dismissed New York City's lawsuit seeking to hold Exxon Mobil (XOM), BP (BP) and Shell ...

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

A new report tracks the monthly wealth of fossil fuel billionaires, who are already being rewarded for investing in Trump's ...

We have oil,” said Francis Kamanzi, CEO of the Rwanda Mines, Petroleum and Gas Board, during a parliamentary hearing, as ...

Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

After a three-hour panel discussion that was confrontational at time, City Council decided at Tuesday’s study session that ...

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

IEA Expects Oil Demand Growth to Accelerate But Still Projects Surplus The International Energy Agency anticipates an acceleration in global oil-demand growth this year, but still expects the market ...

Bretaña, a heavy sweet crude from the Peruvian Amazon, is gaining popularity in the US market as crude oil imports shift.