There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

Oil prices rose on Tuesday due to the impact of the latest U.S. sanctions on Russian oil, although oversupply concerns ...

Long Islanders increased heating costs as federal assistance programs remain suspended and natural gas and oil heating prices ...

For households not powered by electricity or natural gas, heating costs are expected to drop or remain steady this winter.

Crude oil prices were on course to book their steepest decline in four months following reports that OPEC+ was about to extend its production boost for another month at its Sunday meeting. The ...

The U.S.’s decision was surprising given Trump’s “longstanding focus on bringing down energy prices,” one analyst noted.

August WTI crude oil (CLQ25) today is down -0.27 (-0.40%), and August RBOB gasoline (RBQ25) is down -0.0194 (-0.90%). Crude oil and gasoline prices are under pressure today, with gasoline falling to a ...

Diesel spreads and refinery margins are no longer reliable on their own for gauging oil demand, as extreme weather and supply chain issues distort short-term signals. Refinery closures in the West and ...

WASHINGTON -- Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and end ...

Israel's air force attacked Hamas leadership in Doha, Qatar, on Tuesday. After Israel attacked senior Hamas leadership in Qatar on Tuesday, oil prices climbed - but not as much as some traders might ...

Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh U.S. sanctions and ...

U.S. oil prices have dropped more than 15% so far this year to levels that could threaten the ability of smaller producers to ...