President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.

Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to ...

A coalition of concerned Nigerian citizens has called on the Nigerian National Petroleum Company Limited (NNPCL) to ...

The boss of one of the world’s largest tanker companies said recent moves to tighten sanctions on Iranian and Russian oil ...

Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...

Global crude oil exports declined in 2024 for the first time since the pandemic due to weaker demand, reshuffled trade routes ...

Russia’s own data show its crude production in December fell below its OPEC+ target, according to people familiar with ...

While the market is at all-time highs, some sectors are actually in correction territory. Read more to see one of my top ...

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...

BEIJING (Reuters) - Oil prices extended losses into a second straight session on Tuesday on technical correction after last ...

While 2024 had its ups and downs, drivers had one thing in common throughout the year – lower gas prices. AAA reports that ...

Oil fell amid a likely ongoing technical correction. Prices finished lower overnight after posting five straight session gains.