The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.7 million barrels in the week end...

Rising oil prices raise prices of other goodsThe News10NBC Team details breaking News, Traffic and Weather.ROCHESTER, N.Y. — The ongoing...

Oil prices are notoriously difficult to forecast. The market has a long history of humbling anyone who speaks with too much certainty. There...

Iran has begun laying naval mines in the strategically vital Strait of Hormuz, according to two people familiar with U.S. intelligence repor...

The U.S. military has not yet escorted any oil tankers through the Strait of Hormuz, White House press secretary Karoline Leavitt said Tuesd...

On Tuesday, oil prices experienced a dramatic decline, shedding approximately 15% just a day after reaching their highest levels since 2022....

Global energy leaders are gathering to decide whether to release emergency oil reserves as production and export disruptions tied to the Mid...

The U.S. Energy Information Administration sharply revised its oil price outlook in its latest Short-Term Energy Outlook (STEO) based on the...

Marine fuel supply at the major Middle East bunkering hub of Fujairah has been disrupted after debris from an intercepted drone sparked a fi...

Toxic “black rain” linked to strikes on oil depots, mass displacement and continuing disruption to aid supply chains are upending lives acro...

President Donald Trump announced Monday that the war in Iran would be over “very soon,” and that oil tankers would be given special U.S. Nav...

International Energy Agency chief says talks aim to assess conditions as US-Israel war on Iran fuels global uncertainty.

State Bank of India, the largest lender in the country, continues to shun processing payments for purchases of Russian oil despite the tempo...

Some 25 kilometres off Iran’s southern coast lies a tiny island overrun by pipelines, terminals and storage facilities. This is Kharg Island...

Chancellor Rachel Reeves has warned that a recent spike in oil prices will translate into higher inflation in the UK, with her economic appr...