The US Energy Information Administration has forecast crude oil production in the Federal Offshore Gulf of America [Gulf of ...

Federal offshore production in the Gulf of America is forecast to rise this year and next as several new projects start up.

Modern Car Collector (MCC) readers now have an exclusive chance to win an extraordinary piece of motorsports heritage: a ...

Stock markets in the Gulf were mixed early on Wednesday, with U.S. President Donald Trump's duties on steel and aluminium ...

Automotive enthusiasts now have a rare opportunity to win a fully street-legal Superformance GT40 MKI—valued at $250,000—through a new sweepstakes that also supports individuals with autism and ...

Goldman Sachs continues to believe oil prices will weaken in the second half of the year as a possible U.S.-Iran nuclear deal and higher global stocks offset an improving global economic outlook ...

Nicknamed the “champagne of crude oil”, Murban oil –of which a drop was encased and gifted to visiting US President Donald Trump on Friday– is a high-quality, “light, and sweet” crude ...

President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.

Mexico's state-owned oil company, Petróleos Mexicanos (Pemex), has completed repairs on a pipeline in the Gulf of Mexico that leaked an estimated 300 barrels of crude oil, impacting a stretch of the ...

(Bloomberg) -- President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the ...