Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

A massive oil spill from a wellhead of Oil Mining Lease-15 a facility of the Nigeria National Petroleum Company Limited has ...

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

Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P ...

A group known as the Niger Delta Community Youths Association says 40 percent of oil bloc licences should be given to people ...

The U.S. Supreme Court has declined to hear an appeal from major oil companies seeking to block climate change lawsuits, clearing the way for Honolulu’s claims against industry giants to proceed. This ...

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 ...

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 ...

A judge has dismissed New York City's lawsuit seeking to hold Exxon Mobil , BP and Shell liable for misleading the public ...

OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it expects 2026 demand to grow by the same amount. That would bring ...

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