The oil market has seen dramatic volatility throughout the more than century-long history of trading crude oil. Even in the past several years, crude oil prices have moved dramatically, and although ...

The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a time when global oil prices have dropped around 16% year to date.

The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.

More than 50 years since the oil spill near Santa Barbara, a look back at one of the worst ecological disasters in the ...

It is a major milestone in the history of crude oil exploration in Nigeria. The nation is gradually hitting the mark for the crude oil quota from the Organization of Petroleum Exporting Countries ...

JPMorgan says it's unlikely Iran will close Strait of Hormuz Oil prices were flirting with four-month highs early Thursday as traders continued to show concern that the Israel-Iran conflict could ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released recently, the world produced an average of 76.10 million barrels of crude ...