Oil, a mixture of organic compounds primarily made up of hydrocarbons, is produced deep within the Earth through the ...

Crude oil futures were modestly lower ahead of midday ... July contract was 13cts lower at $65.52/bbl. Trading in refined product futures was focused on next-month contracts.

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

June WTI crude oil (CLM25) today is up +1.66 (+2.86 ... and traders linked to hundreds of tanker cargoes. Russian oil product exports in March rose to a 5-month high of 3.45 million bpd ...

U.S. crude oil inventories fell by 2 million barrels to 438.4 million barrels in the week ended May 2 and were about 7% below ...

Beijing says it opposes unilateral sanctions and defends as legitimate its trade with Iran, which ships about 90% of its oil ...

Scotland's only oil refinery has stopped processing crude oil at Grangemouth after a century of operations, its owner ...

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site ...