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

China's surplus of crude oil jumped to 2.67 million bpd in December, up from 1.88 million bpd in November and the most since ...

State-owned PetroChina has told its traders not to buy or trade Venezuelan crude since Washington took control of the OPEC ...

By Stephanie Kelly LONDON, Jan 26 (Reuters) - Oil prices steadied on Monday after climbing more than 2% in the previous ...

By Marianna Parraga and Jarrett Renshaw HOUSTON/WASHINGTON, Jan 26 (Reuters) - A proposed reform of Venezuela's oil law is ...

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

Trump’s plans on Iran matter to Putin because Tehran and the Kremlin have especially close ties that stretch back to the ...

Oil prices fell during trading today, Jan. 27, as markets assessed Kazakhstan's resumption of production from its largest oil ...

A much-anticipated trade deal between India and the U.S. is at "a very advanced stage," India's oil and natural gas minister told CNBC Tuesday.

Lukoil has approached the Russian government seeking changes to the oil tax formula as discounts on Russian crude exceed $20 ...

For most vehicle owners, oil changes are treated as a routine maintenance task, whether they’re done at home or at an oil change shop. But according to an auto expert, one oil change mistake can cause ...

Big Oil is divided on the issue of Venezuela's oil after former President Nicolas Maduro was deposed earlier this month. Some ...