News

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
Crude oil and gasoline prices today gave up an early advance and turned lower, with gasoline falling to a 3-week low. Crude prices retreated today amid concerns about a global supply glut ...
Zinc contamination in the Mars crude oil stream pushed down demand for the flagship U.S. coastal crude, slashing its prices on Tuesday, six traders and an industry source said.
Korea imported Canadian crude oil for the first time since U.S. President Donald Trump returned to the White House in April, bringing in 548,000 barrels for a cost of $82.3 million.
Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and ...
The truck caught fire at a crude oil facility in Kurten on Monday, triggering a widespread emergency response from Brazos ...
Long Island consumers and businesses could see lower gas prices this summer after a group of oil exporting countries said it would significantly increase oil production in June. U.S. crude oil ...
A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and President Trump’s efforts to bring down energy costs.
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
Crude oil prices fell from a 2-week high Wednesday and turned lower after weaker-than-expected US economic reports raised concern about energy demand.
Treasury Secretary Scott Bessent said on NBC’s “Meet the Press” that “gasoline prices have collapsed under President Trump." Although crude oil prices have dropped 17.5% since Trump took ...
O il companies are capitalizing on rising oil prices, with Brent crude up 2.6% to $68 and WTI up 2.92% to $64.92, driven by U.S. sanctions on Iran.