Global oil supplies have danced with record highs this year; unfortunately, it hasn't lowered crude's sky-high price.
What's more, Russia's dependence on crude sales may make it leery of further moves in Ukraine, U.S. officials hope.
Libyan rebels managed to export crude from the captured port and to avoid government forces.
The North Korean-flagged oil tanker has docked at the port for several days.
The International Energy Authority's February report says global oil supplies are increasing, but OECD stocks are declining.
China may buy more Iranian oil next year, and that would not please the U.S.
Iran's oil minister has named American and British companies as favorites to help develop and export the country’s vast oil reserves.
Geopolitics could trump supply-and-demand fundamentals in determining the price of crude oil.
Today's cheap gasoline prices aren't a fluke. The pump price is down for all sorts of reasons, many of which aren't going away anytime soon.
Snowden revealed that U.K. intelligence agency GCHQ used fake LinkedIn and Slashdot pages to plant malware within a Belgian telecom company.
The current U.S. energy boom makes it easy to forget the great impact the oil shortage had on Americans 40 years ago.
Is the increase in oil theft and instability in Nigeria over the fall in oil production making western energy companies think twice in investing?
Rising global oil prices may keep oil-trade deficits and subsidy costs elevated for ASEAN economies.
A shadowy network of Nigerian thieves is having an unprecedented impact on the country's economy, and worldwide oil production.
It's been 40 years since the Strategic Petroleum Reserve, or SPR, a massive volume of crude oil being stored on the Gulf coast, was a gleam in the government's eye.
A report released by the National Bank of Kuwait worked through several price scenarios based on differing oil demand.
Shell's Nigerian oil pipeline was shut down after the company found leaks opened by thieves.
OPEC's latest monthly forecast shows growing demand for oil but shrinking demand for its own product.
A new IEA report also said OPEC countries' crude oil supply rose in May to its highest level in seven months.
The majority of South American nations express support for President-elect Maduro, while the opposition demands a recount.
In its oil market report, OPEC cited renewed concern about the euro zone and Japanese economies.
Policy mandates to improve fuel economy will continue to cause lower crude use in non-OPEC countries.