The U.S. has only "scratched the surface" of its oil potential, with new technologies and untapped resources emerging that could help cement America’s energy dominance for years to come. "The biggest ...

It will take months for Russia to find ways to evade new U.S. sanctions. But if Iran can keep its energy exports flowing under heavy restrictions, Moscow probably can too. Brent crude rose by around ...

Tracy J. Wholf is a senior coordinating producer of climate and environmental coverage for CBS News and Stations, based in New York. The Trump administration is proposing to auction offshore oil ...

A rivalry at the heart of Russia's oil trade is threatening the crucial operations the Kremlin relies on to fund its war in Ukraine, just as the US cranks up the pressure on Moscow. The two players ...

SINGAPORE, Oct 23 (Reuters) - Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil ...

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine. Brent crude futures were up 5%, while West Texas Intermediate crude futures ...

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing. We're ...

This story is a partnership between Grist and Foreign Policy, with support from the Pulitzer Center. As Paramaribo, Suriname, flooded with shin-high water during a rainstorm in June, hundreds of taxis ...

Oil prices have fallen sharply this year as the global supply has remained strong and demand has been slow to grow. By Rebecca F. Elliott The price of oil has dropped to some of its lowest levels of ...

NEW YORK, Oct 21 (Reuters) - Oil prices settled higher on Tuesday, bouncing off the previous session's five-month lows, as investors reassessed expectations of a looming glut and sought clarity on the ...

Oil edged down slightly amid signs of easing tensions between the US and China, while traders took stock of mounting evidence that a long-anticipated surplus is finally starting to emerge. West Texas ...

The best place to observe the shift taking place in global oil markets is at sea. More than 1 billion barrels have been amassed on the world’s tanker fleet, according to consultant Vortexa Ltd. It’s ...