OPEC+ spare capacity is shrinking fast, with only Saudi Arabia, the UAE, and Iraq holding meaningful extra production ...

Global oil prices surged after Israel launched a strike on Iran, escalating fears of wider conflict in the Middle East. Brent crude surged over 10% before easing to a 5% gain, as traders feared the ...

(CNN) — The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran. CNN — (CNN) — The American economy faces ...

China will buy more crude if prices stay relatively low and stable, thus providing a floor to the market, but will pull back ...

Institutional oil market forecasts from OPEC, EIA, and IEA are increasingly agenda-driven, leading to unreliable guidance and frequent revisions. IEA now acknowledges accelerating decline rates in ...

A fire ignited at BP's 440,000 barrel-per-day oil refinery in Whiting, Indiana, before it was extinguished on Friday morning, the company said. The blaze at the largest refinery in the U.S. Midwest ...

A petroleum analyst is warning that Arizona gas prices could surge in the wake of a massive southern California oil refinery fire.

A fire at Chevron’s El Segundo refinery may push California gas prices up 10–20 cents. Experts urge calm as supply shifts and ...

Gasoline prices in Michigan dropped from a week ago. While drivers may be pleased about the relatively low gas prices, those working in the industry might not. Gasoline prices in Michigan dropped from ...