With 131 refineries currently in operation, the United States has long been the global leader in oil processing capacity, but ...

A shortage of oil field workers and a low number of wells that could quickly start production are high hurdles for the U.S. oil industry.

Oil prices (CL=F, BZ=F) swing upward on Friday as Iran continues to target oil production sites in the Persian Gulf. Yahoo ...

On Tuesday, Judge Donna Geck upheld an injunction against a restart of oil production locally despite an order from ...

Domestic energy companies could benefit from high oil prices in the short-term, but take a hit if the Iran war drags on.

Sable Offshore Corp. announced Monday that it restarted production on Platform Harmony and transporting oil to refineries in ...

Brent oil prices could spike above $100 per barrel if the Gulf Arab countries run out of storage space and shut down ...

The Department of Justice issued an opinion this week stating that the Trump Administration can use a Cold War-era ...

By Khanh Vu HANOI, March 18 (Reuters) - Vietnam's domestic crude oil production is expected to decline this decade, according ...

The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a move aimed at boosting domestic supply but fiercely opposed by Gov. Gavin Newsom over ...

The cuts signal a broader storage crisis that poses new risks to the global market.

A ​drop in ⁠Iraq's oil production and exports is set to strain the country’s already fragile finances, as the state relies on ...