Photo: The General Staff confirmed the strike on the oil depot near Voronezh (t.me/GeneralStaffZSU) The General Staff added that at least three strike drones hit the target, causing a large-scale ...

The U.S. Energy Information Administration revealed its latest Brent spot price ... global oil consumption forecast shows growth that remains less than its pre-pandemic average, but changes ...

According to data from Trading Economics, the price of palm oil reached its highest point since mid-2022 late last year. On 11 November, the price reached 5,195 Malaysian ringgit (€1121.76) per tonne, ...

P.E.I.'s Island Regulatory and Appeals Commission announced an increase in the prices of gas, heating oil and diesel overnight, one day ahead of the regular weekly price review. (Mitch Cormier/CBC ...

Oil prices settled lower on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong U.S. retail sales data. Brent crude futures ...

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and softer inflation buoyed sentiments in the market. Concerns over Russian supply disruptions due to recent US ...

US drivers could get some relief at the pump in the next two years as oil supply surpasses global demand, according to the US Energy Information Administration. The agency said US gasoline prices ...

Despite Sarasota County's rejection twice over and strong protests by area residents, it could be take two for a proposed Take 5 Oil Change in Osprey. Though originally voted down by both the ...

Oil prices rose more than 2 per cent on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

February’s fuel price hikes are likely to be bigger than expected thanks to recent developments on the oil price and local currency front. Mid-month data released by the Central Energy Fund (CEF ...

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the US’s strictest-ever sanctions on Russian energy flows.

The gap between near-term U.S. crude oil prices and future prices is widening in part due to a decline in the amount of oil stored at Cushing, Okla., where operators are seen close to scraping the ...