Oil prices surged on tighter U.S. measures against Iran and the UAE’s OPEC exit, reinforcing fears of prolonged supply ...

California’s shrinking refining base is cutting local gasoline output to a decade low, pushing the state into structurally ...

The Strait of Hormuz closure has sent fertilizer prices soaring, threatening food supplies for billions and pushing farmers ...

Asian buyers are increasingly sourcing U.S. crude via the Panama Canal as Middle Eastern supply is disrupted, pushing Canal ...

Increased imports of Venezuelan crude by Chevron are helping ease price pressures at the margin, with potential longer-term ...

A major fire reportedly broke out on Wednesday at a Russian oil pumping station in the Perm region in the Ural Mountains in a ...

Phillips 66 beat Q1 estimates by $0.88 per share with $207M net income as higher refining margins and a Middle East-driven ...

The Iran war-driven energy shock is threatening to slow U.K. growth, fuel inflation, and force difficult fiscal and monetary ...

Pakistan's oil import bill has surged 167% to $800M per week since the Iran war began, forcing emergency conservation ...

Crude oil inventories in the United States decreased by 6.2 million barrels during the week ending April 24, according to new ...

Oil prices are rising sharply as traders price in a prolonged Strait of Hormuz disruption and a tougher U.S. blockade against ...

Barclays expects UAE oil output to grow faster following its surprise OPEC exit, though Hormuz access remains a key ...