The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

The price of Russia's Urals crude oil remained $2 per barrel below the $60 per barrel limit imposed by Western nations amid ...

BP has said lower oil and gas prices will weigh on its earnings in the second quarter, even as the energy major flagged an ...

Climate change played a role in the devastating floods, and Texas is a national leader in subsidizing the fossils fuels that ...

The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...

Oil prices were stable on Friday, as investors weighed a weaker market outlook for this year by the International Energy ...

A big drop in crude prices year over year leaves Alaska, reliant on oil for revenue, at the bottom of CNBC’s annual Top ...

Imperial Oil has rallied 30% YTD, but further outperformance is unlikely unless oil prices recover. Click here to read more ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...