Crude oil futures posted modest gains Tuesday, following U.S. benchmark stock indexes in recovering part of the previous ...

Oil prices dipped below trendline support, signaling short-term weakness. Key levels at $72.32 and $70.03 could determine the next move.

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...

Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

Crude oil futures scored modest gains Thursday, then added to gains after-hours as President Trump reiterated his threat to impose 25% tariffs on imports from Canada and Mexico starting February 1, ...

The US Gulf Coast heavily relies on Venezuelan crude, with imports hitting a six-year high. While Trump has left room for ...