India’s edible oil imports declined sharply by 15% on year to 0.97 million tonne (MT) in March, primarily due to decline in palm oil imports. In the first five months of the oil year (November ...

Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from Venezuela this month, following the Trump Administration’s increased ...

President Donald Trump’s trade war could cause global oil demand growth to fall by nearly a third this year, the Energy Information Administration said Thursday. The forecast from the EIA ...

(The Center Square) - U.S. Sens. Jacky Rosen and Catherine Cortez Masto, both D-Nevada, reintroduced legislation seeking to prevent oil and gas development in the Ruby Mountains. Last week ...

14 oil and natural gas fields discovered in Eastern Region, Empty Quarter Dubai: Saudi Arabia, the world's top oil exporter, on Wednesday unveiled 14 new oil and natural gas discoveries in the ...

Officials say the amount of crude oil spilled, near Fort Ransom, is estimated at 3,500 barrels (147,000 gallons). The pipeline was shut down after the leak was found. The release is confined to a ...

DUBAI, April 9 (Reuters) - Saudi oil firm Aramco (2222.SE), opens new tab has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the Empty Quarter ...

as there will be no supplies from the oil depot in the Krasnodar region, where there was a large fire in March after a drone attack. There have been conflicting reports about the scale of the ...

The latest leak in the Keystone oil pipeline in North Dakota on Tuesday continues the troubled history of the 15-year-old pipeline. The 2,700-mile-long (4,350-kilometer-long) pipeline originates ...

At 11:15 GMT, Light Crude Oil Futures are trading $60.66, down $0.04 or -0.07%. The modest rebound comes as equity markets stabilize, but upside in crude remains capped by intensifying macro pressure.

TORONTO (Reuters) -CEOs of Canadian oil and gas producers said on Tuesday they are seeking to avoid making abrupt decisions about spending or production, as global oil prices hit four-year lows ...

Oil prices remained under pressure at the start of the new trading week. Brent fell at times by more than 5% to $62.5 per barrel, the lowest level in four years, Commerzbank's commodity analyst ...