Commercial crude stockpiles in the US posted a bigger draw than projected last week, government data showed Wednesday, while oil prices rallied as markets evaluated two other oil market reports.

Iowa's deputy solicitor general argues that fuel efficiency calculations mean costly-to-produce EVs drive up the price of gas ...

Oil prices shot up Wednesday by more than 3% on fears of low US stockpiles and the lingering effect of US sanctions on Russia ...

Traders have been keeping a close watch on prospects for oil demand. OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it ...

Occidental Petroleum (NYSE: OXY) -- the oil and gas stock lost 17.3% value in the year, according to data provided by S&P ...

Your favorite bright red drinks and candies may soon look different as the Food and Drug Administration banned Red No. 3. The ...

Manufacturers will have until Jan. 15, 2027, to reformulate thousands of products, including candy and cereal, that use the ...

The Nigerian National Petroleum Company Limited (NNPCL) has declared itself as the only company in Nigeria that publishes 100% of its financial accounts annually. The Group Chief Executive Officer, ...

A group known as the Niger Delta Community Youths Association says 40 percent of oil bloc licences should be given to people ...

Niger Delta Community Youths Association has called for a fresh licensing bid that would ensure that 40% of Nigeria's oil bloc ...

A massive oil spill from a wellhead of Oil Mining Lease-15 a facility of the Nigeria National Petroleum Company Limited has ...

In a decree broadcast by the state-owned South Sudan Broadcasting Corporation (SSBC), President Kiir removed Gola Boyoi Gola ...