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The landscape is dotted with oil pumps that rhythmically rise and fall as they drag the black gold on which the regional economy is based from deep beneath the ground. All recent US governments ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions, and that it sees a bigger ...

LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the United ...

FILE PHOTO: A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. [Photo/Agencies] WASHINGTON -- The United States is tightening restrictions on Russia ...

Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor ...

NEW DELHI/MOSCOW (Reuters) - India's Russian oil imports recovered in March, returning near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes, while some supplies ...

NEW DELHI/MOSCOW (Reuters) - India's Russian oil imports recovered in March, returning near usual levels after a 3-month ...

A 10% tariff by the U.S. government on Canadian crude also pressured the spread as Midwest refiners were seeking WTI-Midland crude to Cushing to replace Canadian light sweet oil, said Energy ...