A fresh shipment of crude oil from Russia has arrived in the Philippines, offering some relief as global supply tightens and ...

Explore Ukraine's strategic attacks on Russian refineries amid a global oil crisis to disrupt Moscow's war funding and ...

Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other heads of state have been pulling on various ...

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Ukrainian drones have struck ⁠Russia's Baltic Sea port of Ust-Luga for the fifth time in 10 days, as Kyiv continues to step ...

India’s oil reserves, which can last just 74-75 days, are much less than other major economies. Japan, for instance, holds ...

The effective closure of the Strait of Hormuz in the Middle East means more than 20% of global seaborne oil trade and over 20% of global liquefied natural gas (LNG) trade is now constrained.

Developments in the Middle East are casting heavy shadows over Egypt’s energy market, at a time when Cairo is seeking to achieve a degree of relative stability after mounting economic ...

Today’s Forbes Daily newsletter covers how health care is buoying the job market, Supreme Court hears birthright citizenship ...

China's Sinopec, the ​world's biggest refiner by capacity, aims to cut throughput this month by more than 10% from its original ‌plan in response to a crude supply gap caused by the war in the Middle ...

On Monday, Sable Offshore announced that it started selling oil from the Santa Ynez Unit to at least one private ...