Gas prices are falling — so why isn’t Trump refilling the oil reserve faster? WH blames Biden-era ‘damage’

The Trump White House confirms efforts to restore the nation's emergency oil reserve following its depletion during the ...

Venezuela says Trump wants its oil. But is that the case?

Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the ...

U.S. Issues New Sanctions Targeting Maduro’s Family and the Oil Sector

The United States is escalating its pressure campaign on Venezuela’s leader, Nicolás Maduro, after seizing an oil tanker off ...

L.A. County sues oil companies over unplugged oil wells in Inglewood

The lawsuit filed Wednesday in Los Angeles Superior Court charges four oil companies with failing to properly clean up at ...

First of 30 oil lease sales planned for Gulf of Mexico draws $279 million

Oil companies have offered $279 million for drilling rights in the Gulf of Mexico in the first offshore lease sale in the ...
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Oil Prices Drop Nearly 2% Despite Wave of Bullish News

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

China oil demand to plateau between 2025 and 2030, state researcher says

China's oil demand is forecast to plateau between the years 2025 and 2030, a research group linked to state oil major CNPC ...

Ukraine targets Russia's shadow fleet in foreign waters as sanctions fail to sink Putin's oil sales

At least three oil tankers have been hit by explosions in what appears to be a stepped up unilateral effort by Ukraine to ...