UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Occidental Petroleum (NYSE: OXY) expected its acquisition of CrownRock to move the needle for investors. It delivered robust free cash flow during the third quarter, which allowed it to continue ...

Motorists and road users are worried about fuel “shortages" this Autumn with insurance experts highlighting fears as we head ...

There’s little to no movement in the price of most fuels this morning. Gas is up by a cent per litre. There’s virtually no ...

Net income at Japanese oil refiners fell in the first half of their fiscal year, but they maintained profitability and ...

Good afternoon readers, we are halfway through the week! With Congress back in session, Callie and Maydeen kick things off ...

Republicans are poised to pave the way to expand fossil fuel development, roll back Biden-era environmental regulations and curtail President Joe Biden’s signature climate law after securing unified ...

The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...

While certain spending categories are down – fuel oil for example is 20% cheaper than it was last fall – inflation is still ...

EIA also raised its forecast for the national average wholesale gasoline price in Q4 by 2cts, or about 1%, to $2.10/gal, while cutting its average retail price forecast by 1.2%, or 4cts, to $3.11/gal.

Energy prices were flat in October, positive news for consumers as cold weather starts to set in throughout some regions of ...

Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers ...