It will take months for Russia to find ways to evade new U.S. sanctions. But if Iran can keep its energy exports flowing under heavy restrictions, Moscow probably can too. Brent crude rose by around ...

China’s retaliatory port levies are exposing oil shipping companies to hefty fees, making them scramble for relevant paperwork, and contributing to delays, cancellations and spiraling freight costs.

LONDON -Oil prices declined to multi-month lows on Friday as the market’s risk premium faded after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza. Brent crude futures were ...

Brent crude futures were down 66 cents, or 1%, at $64.56 a barrel at 1016 GMT. U.S. West Texas Intermediate crude was down 61 cents, or 1%, to $60.90. “Finally having some kind of peace process in the ...

An oil pump jack is seen in a field just outside of Riverdale Thursday, July 30, 2015. Scattered throughout the agricultural fields of Fresno County are thousands of oil and gas wells producing ...

The latest quarterly survey reveals an oil and gas sector with concerns about prices, tariffs and market volatility. Oil and gas executives have grown increasingly pessimistic about the outlook of ...

NEW YORK (Reuters) -Oil prices climbed about 3% to a seven-week high on Wednesday as a surprise drop in U.S. weekly crude inventories added to a sense in the market of tightening supplies amid export ...

California Resources Corporation, which is set to take over rival oil driller Berry Corp, stands to benefit from state legislation that would make it easier to drill. California Resources announced a ...

In a show of confidence in the market, the group, led by Saudi Arabia, said it would begin unwinding a further set of agreed cuts. By Stanley Reed Oil prices rose strongly on Monday even though a ...