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

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly rise in commercial crude inventories following nine consecutive weekly ...

Oil prices fell on Wednesday, with the U.S. benchmark settling at its lowest year to date, after domestic crude stockpiles in ...

As ongoing geopolitical tensions and supply chain instability could impact the market, countries still appear eager to become more independent in the nuclear fuel cycle. Click to read.

Oil futures fell Wednesday after official U.S. data revealed a weekly rise in commercial crude inventories, following nine consecutive weekly declines.

Cabinet approves 3% rise in C Heavy Molasses for ethanol supply, aiming to reduce crude oil imports and promote ...

IF oil prices shoot up to $90 to $100 per barrel, the country’s inflation rate could breach the government target this year and next year, according to the Bangko Sentral ng Pilipinas (BSP). Based on ...

Hess reported strong financial performance in its latest earnings release, driven by production increases in key assets ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

Believe it or not, Canada has a “nuclear option” of its own. U.S. financial markets were relieved the week following President Trump’s inauguration, with stocks rising and global crude oil benchmarks ...

Oil prices edged lower Wednesday on a rise in U.S. crude stockpiles and easing concern over Libyan supply, with U.S. tariffs ...