Brazil has auctioned off several land and offshore potential oil sites near the Amazon River, aiming to expand production in ...

The European Union is moving closer to banning all imports of Russian oil and natural gas more than three years after Moscow ...

Petrobras, Exxon Mobil Corp. and Chevron Corp. won exploration rights in Brazil’s Equatorial Margin, betting that the ...

Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as ...

Shipowner Frontline said the incident near the Strait of Hormuz was due to navigational issues and not related to the current ...

Israel hasn’t attacked Iran’s energy export hubs so far. If it does, China could find itself cut off from a flow of cheap oil ...

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...

Markets are concerned about Iran's frequent threats to blockade the Strait of Hormuz, just as the US heads into peak summer ...

NEW YORK (AP) — U.S. stocks are nudging lower on Tuesday, and oil prices are rising again. It’s a modest return to form for ...

Stocks lost ground in early trading Tuesday, while oil prices moved higher, as investors monitored developments in the ...

The dramatic escalation in tensions between Israel and Iran caused a spike in the price of crude and raised fears among oil ...

China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from imports ...