BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks to grow production under a strategy reset announced earlier this year.

Oil magnate Harry Sargeant III is a GOP donor well known for his back-channel efforts to temper hostilities between the U.S. and Venezuela. On Friday, the Trump administration ordered his oil ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 1.057 million barrels for the week ending April 4, after a 6.037 million barrel spike in ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. Oil prices have crashed to their lowest point since 2021 due to the escalating US-China ...

If you’re unsure what is considered a seed oil — canola, corn, cottonseed, grapeseed, soy, sunflower, safflower and rice all fit the bill. Seed oils are high in omega-6 fatty acids and lower ...

Oil prices are crashing due to global economic concerns and increased OPEC production. Goldman Sachs says Brent oil could fall under $40 by 2026 in an 'extreme' scenario US oil production may ...

Keeping an eye on your car's oil is essential to maintaining its health and longevity. Other than getting the oil itself changed every few thousand miles, you should also be consistently checking ...

The UK climate activist group Just Stop Oil announced that it will end disruptive acts of protest, which have included throwing soup on Vincent Van Gogh’s “Sunflowers,” smashing the glass ...

NEW ORLEANS (AP) — Fifteen years after the Deepwater Horizon oil rig exploded off the Gulf Coast, killing 11 and sending 134 million gallons (500 million liters) of crude gushing into the ocean ...

2-Year U.S. Treasury Note Continuous Contract $103.730-0.039-0.04% 5-Year U.S. Treasury Note Continuous Contract $108.367 0.109 0.10% 10-Year U.S. Treasury Note Continuous Contract $111.203 0.406 ...

Justin Hamel / Bloomberg via Getty Images Oil prices slumped to their lowest level since April 2021 on Monday as concerns about a tariff-induced economic slowdown continued to weigh on markets.

Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers. Oil and gas industry leaders said this week that prolonged tariffs and ...