OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the U.S. shale industry, Iran’s representative to the group said. “This strategy in support ...

Vladimir Putin is visiting India to strengthen economic ties and revive falling Indian imports of Russian oil and arms. The ...

Budget Chair Sheldon Whitehouse has scheduled a hearing on the oil industry and climate change. Nearly a year and a half into his tenure as Senate Budget chair, Rhode Island Democrat Sheldon ...

Health concerns and the demise of home-cooked meals have resulted in declining oils and fats sales in most developed markets. Can functional ingredients put a halt to this development? Euromonitor ...

Argentina’s government has unveiled a bill to promote investment in oil and gas in the country with the ultimate goal to boost hydrocarbon production from its key shale play and export potential ...

An offshore oil platform with Santa Cruz Island in the background in California's Santa Barbara Channel. (Marli Miller/UCG/via Getty Images) More than 50 years ago, a catastrophic oil spill along ...

Crude oil rises as failed peace talks revive the risk premium, while traders watch the 50-day MA and await EIA data to gauge ...

Sen. Joe Manchin (D-WV) shrugged at the Biden administration’s release of 50 million barrels of oil from the Strategic Petroleum Reserve on Tuesday, describing it as a “Band-Aid” on a “self-inflicted ...

High crude oil prices and new technologies mean small independent oil producers in Southern California are finding it profitable to re-activate old oil wells. In California, gas prices are high, so ...

OPEC and its allies are expected to reaffirm plans to boost oil production when they meet next week, restoring some more of the output halted during the pandemic. All but four of 24 analysts and ...

Democrats held a press conference Wednesday at a gas station on Capitol Hill. They urged the executives of the largest oil companies to support repealing the tax breaks. “You are doing just fine on ...