ConocoPhillips and Exxon Mobil Corp. were among oil companies that snapped up drilling leases in northern Alaska’s mammoth ...

Idemitsu Kosan Co. said it’s reducing the amount of oil products it supplies to customers for the first time since the ...

Saudi Arabia has already ramped up its oil exports to more than half of normal levels despite the disruptions from the Iran ...

China, the world’s biggest crude importer, is close to tapping its vast commercial oil reserves as the Middle East war shows ...

In the shadow of the Iran war, with crude hovering around $100 a barrel, the allure of finding a quick fix to energy ...

President Donald Trump temporarily waived a century-old shipping mandate to lower the cost of transporting oil, gas and other ...

The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as ...

European stocks erased gains to trade lower as strikes on Iranian energy facilities pushed oil prices higher, reviving inflation fears and prompting traders to price two interest-rate hikes from the ...

In the oil industry, fuel oil is known as the bottom of the barrel. It’s typically cheap, unloved and, crucially, comes from the bottom of a petroleum-distillation tower — the tall piece of refining ...

As oil traders brace for a historic release from the US Strategic Petroleum Reserve in the form of a loan, they’re dumping ...

Asian oil refiners are staring down deep losses after the Middle East war caused the benchmark Dubai price to soar, upending ...

Group of Seven finance ministers said they were ready to take any steps needed to support global energy supply, including releasing strategic oil reserves.