On July 18, the Council of the EU endorsed the 18th package of anti-Russian sanctions, including the Russian oil price cap reduced to $47.6 per barrel. On the same day, the UK announced joining the EU ...

Oil prices fell for a third consecutive session on Tuesday, as fading hopes for a trade deal between the U.S. and Europe ...

Oil prices declined for a third consecutive session on Tuesday on concerns the brewing trade war between major crude ...

A commodities expert expects the price of oil to fall as energy producers ramp up supply while countries around the world ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecast in its July short term ...

Recent gas prices show a small drop, now averaging $3.09 nationally. Learn about local trends and community news impacting ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

With the national average around $3.17 per gallon, U.S. drivers are enjoying the cheapest summer fuel prices since 2021.

U.S. President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries ...

Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...

The Big Beautiful Bill allocated $171 million for petroleum acquisitions toward refilling the Strategic Petroleum Reserve, ...

Thursday closed up +1.16 (+1.75%), and August RBOB gasoline (RBQ25) closed up +0.0264 (+1.23%). Crude oil prices rallied ...