Could it be the pump price of gas no longer hinges on supply dynamics but on who controls the shock? For American drivers, the Iran conflict is reshaping the cost of a tank of fuel in a way that feels ...

April 21 (Reuters) - Ukrainian drones struck an oil-pumping and dispatch facility in Russia's Samara region overnight, an official from Ukraine's ‌SBU security service said on Tuesday. The attack ...

As Californians face soaring prices at the gas pump, the newly re-opened Santa Ynez Pipeline is now churning out 60,000 barrels of oil a day. During an exclusive visit to the newly reopened platforms, ...

Large-scale consequences of an attack on strategic facilities in the Nizhny Novgorod region. On the night of April 23, drones struck strategic objects in Russia's Nizhny Novgorod region. According to ...

Ukraine struck a fuel pumping station in Russia’s Krasnodar region overnight, hours before the start of 32-hour ceasefire for Orthodox Easter and a prisoner-of-war swap. Kyiv’s forces hit the ...

WASHINGTON, April 14 (Reuters) - The U.S. will ‌not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week, and quietly let a similar waiver on sanctions on Russian oil expire ...

Notes: Data shows future contract prices for Brent crude oil. Gaps indicate nontrading hours. Data is delayed at least 15 minutes. Source: FactSet. The New York Times By The New York Times Oil prices ...

Have you ever wondered what it looks like to drill for oil? The United States is the top oil-producing country in the world, producing more than 13.6 million barrels of crude per day last year. Fossil ...

A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea. By Alan Rappeport Reporting from Washington The United States did not extend a sanctions ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CARSON, CALIFORNIA - MARCH 10: In an aerial view, Marathon ...