U.S. refiners are re-evaluating their crude sourcing strategies following the Trump administration's decision to allow ...

The headline news in China's energy transition is often about how the world's second-largest economy is adding solar and wind ...

Crude oil prices surged over 18% in June, driven by consistent demand and increasing geopolitical uncertainty, the analyst points out. Iran holds 3% of global oil supplies.

U.S. crude-oil production was at 13.44 million barrels per day for the week ended June 20, down from 13.57 million three months ago, according to the Energy Information Administration.