The fires raging in Southern California threaten to hurt the supply of oil, gas, diesel and natural gas supplies due to fire hazards and loss of power.

Washington now has freer hand in restricting Russian oil amid predictions of a global glut.

Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...

Crude prices surged to three-month highs, fueled by the cold temperatures gripping a significant portion of the nation and the possibility of supply disruptions amid new sanctions on Russia’s energy ...

U.S. stock futures leaned lower Friday on concern over possible export restrictions on Nvidia, ahead of key data on the jobs ...

An oil tanker that burned for weeks in the Red Sea after being attacked by Yemen's Houthi rebels and threatening a massive ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Indian refiners expect their supply of cheaper Russian crude to be severely crippled with imminent U.S. sanctions expected to ...

The Group of Seven democracies have sought to crimp Russia’s oil export earnings that help fund the war against Ukraine. But ...

Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.

Oil futures rose sharply Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.

Oil prices jumped more than 4% on Friday, with global benchmark Brent breaking $80 per barrel for the first time since ...