ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday on strong production volumes, but warned that ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

Crude futures picked up from the previous day’s losses, helped in part by major Permian producer Diamondback Energy’s CEO warning shareholders that the company expects activity to slow and production ...

Mexican state oil company Pemex increased shipments of crude to Cuba by almost 20% last year as the island's energy crisis ...

Energy company Sunoco is buying Canada-based Parkland in a deal valued at approximately $9.1 billion, creating a massive fuel ...

Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...

President Donald Trump's 10% tariffs on Canadian and Mexican crude oil imports are having little effect on Houston-area refineries so far. That's in part because crude oil prices have fallen ...

WTI trades at $62.22 per barrel, up from Wednesday’s close at $61.95. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.34 price posted on Wednesday, and trading at $65.54.

May WTI crude oil (CLK25) Thursday closed up +2.21 (+3.54%), and May RBOB gasoline (RBK25) closed up +0.0554 (+2.71%). Crude oil and gasoline prices rallied sharply on Thursdays to 1-1/2 week highs.

The latest data from the Energy Information Administration’s (EIA) Crude Oil Inventories, which gauges the weekly change in the number of barrels of commercial crude oil held by US firms ...

Crude oil futures traded lower on Wednesday morning after the International Energy Agency (IEA) downgraded its oil demand forecast for 2025 and 2026. Although China’s economy showed signs of ...