Oil prices reportedly dropped Monday in a trend an analyst said could contribute to lower gas prices.The price for a crude ...

Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in ...

Now, city staff is working to shift the asphalt contract to another company, even though city finance rules require the ...

Recent U.S. sanctions on two small Chinese refiners for buying Iranian oil have created difficulties receiving crude and led ...

Scotland's only oil refinery has stopped processing crude oil at Grangemouth after a century of operations, its owner ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

State oil company Pemex repaired pipeline leaks at its Olmeca refinery in Dos Bocas, Tabasco, after an oil spill on Saturday.

Oil prices have entered a sharp decline, hitting their lowest levels in over four years – a development poised to bring ...

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site ...

After Q4 results, IOC is seen as the top performer among OMCs, benefiting from operational efficiency and crude price trends.

Oil futures rallied on news of a trade deal between the U.S. and the U.K. that includes lowering the tariff on British-made cars imported into the U.S. and exempting some goods from an overall 10% ...

The Federal Government’s drive to boost the naira through local sales of crude oil and refined petroleum products has recorded significant progress, according to the Technical Sub-Committee overseeing ...