Russia's Economy Ministry has revised its oil price forecast downward for this year and the next two years, reflecting ...

Occidental's recent selloff is overdone. Read why I think OXY's upside potential outweighs the downside risks in current ...

Industry experts said slowing consumer demand, increased production overseas and global recession worries are behind lower ...

U.S. benchmark crude futures climbed 1.4% and the Energy Selector Sector SPDR ETF gained 2.6% — with both trading higher for the week on Thursday. Oil prices and the exchange-traded fund, however, ...

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ...

Ukrainian intelligence has identified the captain of the oil embargo-breaking tanker FACCA, a part of Russia’s so-called ...

Ukrainian intelligence has identified the captain of the oil embargo-breaking tanker FACCA, a part of Russia’s so-called ...

The US has sanctioned Chinese refinery Shandong Shengxing and several global shipping firms for facilitating Iranian oil ...

The vast oil refinery in Benicia faces an uncertain future after its owner warned of the plant’s possible closure.

With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18 ...

The proposal in Huntington Beach is to build up to 800 residential units on 53 acres — a mixture of single-family detached ...

A Torm tanker has become the first to ship out ultra low sulphur diesel (ULSD) from Mexico’s big new refinery in Dos Bocas.