Oil has become Newfoundland’s leading commodity, accounting for 18 per cent of the province’s GDP, and the sector is looking ...

Chinese state-controlled refining giant Sinopec has returned to buying Russian crude oil after halting purchases last month due to concerns about the U.S. sanctions on Russia’s oil trade and ...

U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Since 2005, when Chinese growth peaks, crude oil prices often peak about a ...

In the summer of 2010, panic spread across the region when the Deepwater Horizon oil rig exploded​ in the Gulf.

University of Houston Energy Fellow Ed Hirs says the combined effect of President Donald Trump’s tariffs on imported crude ...

Crude oil futures traded marginally higher on Thursday morning after witnessing more than 2 per cent decline on Wednesday. At 9.56 am on Thursday, June Brent oil futures were at $66.17 ...

Crude oil completed a $10.08 or 18.3% rally from the recent $55.23 trend low as of Wednesday’s high of $65.32. Subsequently, sellers took control for the remainer of the day leading to a bearish ...

The light sweet crude oil market initially tried to rally during the trading session on Friday but then turned around to fall pretty significantly. The market is still very much in the same range ...

U.S. crude oil inventories rose for a fourth consecutive week amid higher net imports, while refineries ramped up their capacity use, according to data released Wednesday by the U.S. Energy ...

Crude oil stocks, not including the SPR, stood at 443.1 million barrels on April 18, according to the U.S. Energy Information Administration. Image by mesh cube via iStock U.S. commercial crude ...