Oil glut fears are easing as demand surprises to the upside, with the International Energy Agency revising forecasts after stronger consumption and weaker-than-expected supply growth.

WASHINGTON, Jan 24 (Reuters) - The United States has taken the oil that was on seized Venezuelan tankers and will process it ...

Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.

Venezuela expects oil investments to rise to $1.4 billion this year as limited U.S. sanctions relief and legal reforms reopen ...

SOUTH GOA, India, Jan 27 (Reuters) - Indian Oil Corp, the country's largest refiner, has committed to buying more Brazilian ...

Oil futures settled lower in a rangebound session, supported in part by the loss of some U.S. production to winter storm Fern and gains in diesel prices as heating fuel demand rose.

Morningstar's Oil and Gas Outlook finds the industry will be resilient even as companies can expect oil and gas price ...

Oil prices fell on Tuesday as investors kept an eye on a resumption in supply from Kazakhstan, but price declines were ...