Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

U.S. crude oil inventories fell unexpectedly last week as exports increased and refineries raised their capacity use, ...

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

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels in the week ending April 25, after analysts had estimated a much smaller ...

Ever wondered where the gasoline that powers your car actually comes from? That shiny liquid fueling engines and driving the world’s transportation has a fascinating origin that goes back millions of ...

After failing to reclaim the 20-Day MA, crude oil broke down from consolidation, with further weakness likely below key levels at $60.27 and $58.86. The counter trend rally in the price of crude ...

Crude oil futures traded lower on Wednesday morning after China posted weak manufacturing data for April. At 9.58 am on Wednesday, July Brent oil futures were at $62.53, down by 1.19 per cent ...

Light crude oil futures extended losses on Tuesday, slipping for a second consecutive session as bearish sentiment intensified. Sellers pushed prices further from a key resistance level at $63.06 ...

Crude oil posted its worst month in nearly 3-1/2 years as Saudi Arabia, the largest exporter in the OPEC+ bloc, hinted at increasing production and handling lower prices for a longer period as ...

June WTI crude oil (CLM25) Wednesday closed down -2.21 (-3.66%), and June RBOB gasoline (RBM25) closed down -0.0393 (-1.91%). Crude oil and gasoline prices on Wednesday extended this week’s ...

PLAQUEMINES PARISH, La. (WVUE) - A photographer says he witnessed what looked like a “geyser” of crude oil erupting from a marsh near the Garden Island Bay production facility, as Coast Guard ...