U.S. crude oil inventories decreased by 3.3 million barrels in the week ending March 21, as reported by the EIA, contributing ...

ConocoPhillips has transformed its operations over the years to become a low-cost oil producer. The U.S. oil giant has sold higher-cost oil assets and recycled that capital into acquiring lower ...

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President ...

The US has filed a civil forfeiture complaint for $47 million in proceeds from the sale last year of around 1 million barrels of oil allegedly from Iran, which was stored in Croatia. The complaint ...

Refining margins of Indian refiners and OMCs have been on a downward trend from the highs reached in FY23 amid large ...