A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the ...

Brent oil futures prices jumped on Thursday, hitting a four-month high on rising concerns of the potential ‍impact a possible ...

Crude imports hit record highs, with December stockpiling estimated at 2.67 million bpd-the fastest pace since 2020-as ...

Commercial crude oil stocks rose last week by 3.6 million barrels as refineries ran at a slower rate, said the Energy ...

PetroChina is avoiding Venezuelan crude despite U.S.-authorized sales, citing Washington’s control over the trade and reduced ...

As local oil refiners in Nigeria complain of persistent crude shortages, the country exported an estimated 306 million ...

One of China’s largest regular buyers of Venezuelan crude is making bids for Canadian cargoes as a replacement, after US intervention in the Latin American country upended global flows and lifted ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

Valero Energy has engaged ​with three authorized sellers of ‌Venezuelan crude and will purchase barrels from all ‌three of ...

Crude oil futures rose after President Trump warned Iran to make a nuclear deal with the US or face military strikes, raising ...

Lower crude prices usually mean lower gas prices — but pressures on refineries, including drone attacks on Russian refineries, mean that consumers might not see as much benefit. The world’s crude oil ...

China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...