Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate (CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude (BZ=F), the ...

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Oil prices were little changed on Wednesday after falling in the previous session after an industry report showed U.S. crude ...

A short-term embrace of fossil fuels may be necessary to stave off gasoline shortages, Newsom’s administration says.

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply from outside the group grows, the International Energy Agency said ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Political risk, tax hikes, security crises, and anti-fossil fuel policies are driving global energy supermajors to abandon ...

Ukrainian drones targeted the Unecha oil pumping station, part of the Transneft Druzhba pipeline network, sparking a large ...

The Nigerian Insurance Industry Reform Act 2025 mandates insurance for gas stations and public buildings, with penalties for ...

Lajah is one of 450,000 smallholders who have become vital contributors to an industry long dominated by large corporations ...

Gov. Gavin Newsom speaks at the Capitol in Sacramento in March 2023 before signing a bill aimed at the oil industry and refiners in the state. (Xavier Mascareñas/The Sacramento Bee via AP) ...