Russia's fuel crisis has reached the point where one of the world's biggest oil producers is preparing to import jet fuel.
A little more than a week after President Donald Trump ordered the Justice Department to investigate possible price gouging at the pump, federal antitrust regulators have formally asked state attorney ...
Russia's largest Kyiv strike this year killed 27 people, prompting US lawmakers to demand more Ukraine aid ahead of the NATO summit.
TotalEnergies is offering millions of barrels of Iraqi crude to Asian buyers as shipping conditions through the Strait of Hormuz keep improving.
Eneos has locked in crude supply through September and is now looking to cut its heavy reliance on Middle East oil after the Hormuz disruption.
PJM's power grid neared a 20-year demand record this week as a heat wave and surging data center growth strained the system.
India’s crude oil stocks climbed to a near one-year high in June as record imports from Russia and Venezuela rebuilt reserves drained by the Iran war.
Citigroup forecasts Brent crude falling to $60-$65 a barrel by year-end as Hormuz shipping normalizes and a U.S.-Iran deal nears.
India’s oil minister denies direct fuel sales to Russia, but says trader-led shipments of Indian gasoline may be reaching Moscow’s fuel-starved market.
Oil is set for a fourth straight weekly loss as the Strait of Hormuz reopens and Saudi Arabia ramps up crude exports to Asia.
PJM issued a maximum generation alert for July 3 as a punishing heat wave pushes electricity demand near record highs across its 13-state footprint.
Alberta and Ottawa announced a new 1 million bpd pipeline to Canada's Pacific coast, giving oil producers a bigger route to ...