The National Transportation Safety Board says roughly 1.1 million gallons of crude oil spilled from a pipeline into the Gulf of Mexico in November 2023 because operators failed to shut it down for ...

Oil slipped in early Asian trade amid abating fears of supply disruptions spurred by President Trump’s comment that Israel and Iran agreed to a cease-fire.

US Energy Secretary Chris Wright said it’s “unlikely” the country’s oil production will drop next year, contrary to the expectations released this week by a government agency.

US oil production will fall next year for the first time since the Covid-19 pandemic, according to a government forecast that will cast new doubt on Donald Trump’s “energy dominance” agenda.

Outer Banks star Jonathan Daviss is set to play venerable hip hop artist Snoop Dogg in the definitive biopic movie from ...

Oil Extends Drop as Saudi Arabia Seeks More Major Output Hikes Oil extended declines on signs Saudi Arabia is seeking another big production increase at next month’s OPEC meeting, in a bid for ...

President Donald Trump made light of a gift from the United Arab Emirates on Friday, when he was gifted a box from UAE officials containing a single drop of oil. “This is the highest quality oil there ...

In a worse-case scenario where oil prices drop to $45 a barrel, all six GCC countries are likely to run budget deficits, unless they change spending or raise more money through other sources. AFP.

Global Stocks Drop, Oil Futures Spike on Israel-Iran Conflict. US Airline Shares Tumble as Iran-Israel Conflict Sends Oil Prices Higher. Top Stock Movers Now: Jabil, Oracle, Zoetis, and More.

Oil prices plunged after the OPEC+ group of oil producers agreed to accelerate production hikes once again. The decision to boost output by 411,000 barrels a day followed another substantial ...

Crude oil prices capped their worst monthly drop since November 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge ...