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Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with ...

Donald Trump sparked some bullish sentiment in oil markets this week by putting sanctions on Venezuela - threatening global supply of heavy oil.

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President Donald Trump is seeking lower energy costs for U.S. consumers. His policies may affect oil and gas companies’ ...

versus expectations for a 1.9 million-barrel draw, while distillate stocks also dropped by more than expected. “This week, the oil build was smaller than expected and petrol and diesel draws were ...

US crude oil inventories rose by nearly 4.25 million barrels during the week ended March 7, despite a 1.2 million barrel decline in Cushing crude oil inventories, American Petroleum Institute (API) ...

Along with natural gas output, the institute’s report addressed oil production. Overall, the state witnessed a record-breaking 2023. ODNR numbers place production at nearly 30 million barrels.

It was the world's largest ever marine oil spill, releasing an estimated 4.9 million barrels of crude oil (779 million litres, or over 300 Olympic swimming pools-worth). Up to a million seabirds ...