U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher ...

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to ...

U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy ...

Unless Western governments are ready to accept higher prices, Russia, Venezuela and Iran will continue to evade sanctions.

Indian Oil is buying Russian crude oil cargoes without the involvement of sanctioned entities and expects gasoline demand to ...

Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...

The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

The House passed a GOP-led bill on Friday to prevent presidents from placing bans on fracking before receiving congressional ...

Oil futures climbed Friday from their lowest levels of the year, but tallied a third straight weekly fall amid rising U.S.

A New Jersey Judge tossed out a Democrat lawsuit attempting to pin blame on oil companies for damages to the state allegedly ...